The Banking Counter-Guarantee. Juridical Regime

Not so much studied by the specialised literature, the banking counter-guarantee may beconfounded with the other types of guarantee which frequently go with the guaranteed obligation –simple guarantee, collateral guarantee, the confirmation of the guarantee. The counter-guarantee may bean independen...

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Main Author: Postolache Rada
Format: Article
Language:English
Published: Danubius University 2009-06-01
Series:EIRP Proceedings
Subjects:
Online Access:http://www.proceedings.univ-danubius.ro/index.php/eirp/article/view/355/332
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author Postolache Rada
author_facet Postolache Rada
author_sort Postolache Rada
collection DOAJ
description Not so much studied by the specialised literature, the banking counter-guarantee may beconfounded with the other types of guarantee which frequently go with the guaranteed obligation –simple guarantee, collateral guarantee, the confirmation of the guarantee. The counter-guarantee may bean independent or accessory obligation, as the case may be, exclusively governed by its text, accordingto the parties’ will. At the same time, it is a complex juridical act, a contract whose contents cannot beset apart from the contracts connected form an “economic” point of view. The counter-guarantee is theresult of the banking practice and is generated by the need to make amends for the flaws generated bythe direct guarantee. The present research is focused on the analysis of the banking practice, normativeacts, jurisprudence and banking juridical literature.
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spelling doaj.art-ac47b6fa4b5e47358d8185646e0265f42022-12-22T02:51:42ZengDanubius UniversityEIRP Proceedings2067-92112009-06-01416976The Banking Counter-Guarantee. Juridical RegimePostolache RadaNot so much studied by the specialised literature, the banking counter-guarantee may beconfounded with the other types of guarantee which frequently go with the guaranteed obligation –simple guarantee, collateral guarantee, the confirmation of the guarantee. The counter-guarantee may bean independent or accessory obligation, as the case may be, exclusively governed by its text, accordingto the parties’ will. At the same time, it is a complex juridical act, a contract whose contents cannot beset apart from the contracts connected form an “economic” point of view. The counter-guarantee is theresult of the banking practice and is generated by the need to make amends for the flaws generated bythe direct guarantee. The present research is focused on the analysis of the banking practice, normativeacts, jurisprudence and banking juridical literature.http://www.proceedings.univ-danubius.ro/index.php/eirp/article/view/355/332autonomus guaranteeeffects of the counter-guaranteeapplicable lawfraudulent use
spellingShingle Postolache Rada
The Banking Counter-Guarantee. Juridical Regime
EIRP Proceedings
autonomus guarantee
effects of the counter-guarantee
applicable law
fraudulent use
title The Banking Counter-Guarantee. Juridical Regime
title_full The Banking Counter-Guarantee. Juridical Regime
title_fullStr The Banking Counter-Guarantee. Juridical Regime
title_full_unstemmed The Banking Counter-Guarantee. Juridical Regime
title_short The Banking Counter-Guarantee. Juridical Regime
title_sort banking counter guarantee juridical regime
topic autonomus guarantee
effects of the counter-guarantee
applicable law
fraudulent use
url http://www.proceedings.univ-danubius.ro/index.php/eirp/article/view/355/332
work_keys_str_mv AT postolacherada thebankingcounterguaranteejuridicalregime
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