Legal Analysis of Guarantees Commercial instruments in commercial law represent claims or ownership of goods and are subject to relatively simple formal requirements. These instruments include bills of exchange, promissory notes, cheques, official warehouse receipts, shares, and bonds....
Choosing Among Open Registry Systems When a shipowner decides to register a vessel under an international registry rather than under the flag of the owner’s legal residence, place of business, or other factors based on a genuine link,...
Review of Binding Precedents and Doctrinal Opinions on Criminal Retrial The term retrial literally means recommencement, repetition, or renewal, while adjudication refers to judicial examination and trial. A criminal retrial is the renewed examination of a criminal case...
Types of Contractual Conditions A condition refers to a commitment or obligation. In legal terms, a condition is a subsidiary obligation incorporated into a principal obligation, namely the contract. It represents a mutual undertaking by which the parties...
Mudarabah Financing Facilities In its literal meaning, Mudarabah refers to trading with another person’s capital. In legal and Islamic jurisprudence, Mudarabah is a contract in which one party provides capital to another for trade and, in return, receives...
