Bills of exchange and promissory notes – comparative perspective

his paper presents the legal system for the bills of exchange and promissory notes, and also the similarities and differences between the bills of exchange and promissory notes in the Romanian law and private international law. This article analyzed: procedures for issuing bills of exchange and prom...

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Main Author: Ileana VOICA
Format: Article
Language:English
Published: Bucharest University of Economic Studies 2011-12-01
Series:Juridical Tribune
Subjects:
Online Access:http://www.tribunajuridica.eu/arhiva/An1v1/nr2/art4eng.pdf
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author Ileana VOICA
author_facet Ileana VOICA
author_sort Ileana VOICA
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description his paper presents the legal system for the bills of exchange and promissory notes, and also the similarities and differences between the bills of exchange and promissory notes in the Romanian law and private international law. This article analyzed: procedures for issuing bills of exchange and promissory notes, the essential terms must include bills of exchange and promissory notes, rights and obligations arising from document exchange and the promissory notes, transmission of bills of exchange and promissory note, presentation of bills of exchange and promissory notes for payment in the original or truncation (in electronic format), the law applicable to bills of exchange and promissory notes in international trade law. This article investigates and rules in the new Romanian Civil Code of the aspects of private international law on bills of exchange and promissory notes. The conclusions of this article emphasizes the particular usefulness of these debt securities for the contemporary market economy. The institutionalization of this debt securities circulation represents one of the most important contributions of the commercial law to the progress of modern commercial activity.
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spelling doaj.art-b23b5eace67d4d94b267ae7feb36c8cb2024-04-08T07:42:59ZengBucharest University of Economic StudiesJuridical Tribune2247-71952248-03822011-12-0112107117Bills of exchange and promissory notes – comparative perspectiveIleana VOICAhis paper presents the legal system for the bills of exchange and promissory notes, and also the similarities and differences between the bills of exchange and promissory notes in the Romanian law and private international law. This article analyzed: procedures for issuing bills of exchange and promissory notes, the essential terms must include bills of exchange and promissory notes, rights and obligations arising from document exchange and the promissory notes, transmission of bills of exchange and promissory note, presentation of bills of exchange and promissory notes for payment in the original or truncation (in electronic format), the law applicable to bills of exchange and promissory notes in international trade law. This article investigates and rules in the new Romanian Civil Code of the aspects of private international law on bills of exchange and promissory notes. The conclusions of this article emphasizes the particular usefulness of these debt securities for the contemporary market economy. The institutionalization of this debt securities circulation represents one of the most important contributions of the commercial law to the progress of modern commercial activity.http://www.tribunajuridica.eu/arhiva/An1v1/nr2/art4eng.pdfbill of exchangepromissory notedrawerdraweeissueracceptance
spellingShingle Ileana VOICA
Bills of exchange and promissory notes – comparative perspective
Juridical Tribune
bill of exchange
promissory note
drawer
drawee
issuer
acceptance
title Bills of exchange and promissory notes – comparative perspective
title_full Bills of exchange and promissory notes – comparative perspective
title_fullStr Bills of exchange and promissory notes – comparative perspective
title_full_unstemmed Bills of exchange and promissory notes – comparative perspective
title_short Bills of exchange and promissory notes – comparative perspective
title_sort bills of exchange and promissory notes comparative perspective
topic bill of exchange
promissory note
drawer
drawee
issuer
acceptance
url http://www.tribunajuridica.eu/arhiva/An1v1/nr2/art4eng.pdf
work_keys_str_mv AT ileanavoica billsofexchangeandpromissorynotescomparativeperspective