SETTLEMENT OF PECUNIARY OBLIGATIONS BY COMMERCIAL PAPERS IN THE PERIOD OF CURRENT ECONOMIC CRISIS THE PROMISSORY NOTE
Published: 2013-01-01
Volume: No 30 - June 2013
Pages: 227|242
Authors
- Alexandru BULEARCĂ — Assistant Professor „Athenaeum” University of Bucharest
Abstract
The development of international trade has had as a consequence the expansion of possibilities of paying debt arising from the contractual relations and by exploiting the function of a payment instrument of debt securities. In this context it can be affirmed that the payment instruments meet the monetary functions, meaning that the creditor of the payment in a legal relation may be sated by using such an inscription, or he could deliver himself such an instrument to the payment debtor, establishing to him the obligation to pay at maturity the amount of the contract.
Keywords: payment, payment instruments, debt securities, promissory note
Cite this article
APA: Alexandru BULEARCĂ (2013). SETTLEMENT OF PECUNIARY OBLIGATIONS BY COMMERCIAL PAPERS IN THE PERIOD OF CURRENT ECONOMIC CRISIS THE PROMISSORY NOTE. Internal Auditing & Risk Management, Vol. 30, No. 30, pp. 227-242.
BibTeX:
@article{alexandrubulearc2013418,
title = {SETTLEMENT OF PECUNIARY OBLIGATIONS BY COMMERCIAL PAPERS IN THE PERIOD OF CURRENT ECONOMIC CRISIS THE PROMISSORY NOTE},
author = {Alexandru BULEARCĂ},
journal = {Internal Auditing & Risk Management},
year = {2013},
volume = {30},
pages = {227----242},
doi = {}
}