LETTER OF CREDIT V. SURETYSHIP. HOW DO WE DISTINGUISH THEM? Cover Image

SCRISOARE DE GARANȚIE V. FIDEIUSIUNE. CUM LE DISTINGEM?
LETTER OF CREDIT V. SURETYSHIP. HOW DO WE DISTINGUISH THEM?

Author(s): Adrian Tamba
Subject(s): Civil Law, Commercial Law
Published by: Studia Universitatis Babes-Bolyai
Keywords: letter of credit; suretyship; distinguishing;

Summary/Abstract: Our paper starts with a few preliminary or introductory words and a work plan. It continues with a brief presentation of the so-called „letter of credit”. The third paragraph briefly focuses on suretyship. The final portion of this paper points out that, on the distinction between the letter of credit and suretyship, the devil is in the drafting.

  • Issue Year: 66/2021
  • Issue No: 2
  • Page Range: 92-111
  • Page Count: 20
  • Language: Romanian