What Is Marine Cargo Insurance? In the past, certain companies insured maritime vessels to mitigate risks such as fires at sea, piracy, and similar hazards to prevent serious losses. Today, marine cargo insurance provides coverage for a wide...
Electronic Sales Contract The primary form of agreement governing the relationship between a trader and a consumer is the sales contract. Article 14 of the French Law on Confidence in the Digital Economy of 2004 addresses distance selling,...
Circumstances Leading to the Discharge of a Guarantor Upon the conclusion of a guarantee contract, the guarantor becomes liable to the creditor, and this liability serves as security for the creditor. However, the guarantor may be released from...
Debt Securities in the Recovery of Claims Based on Documents and Contracts A creditor, in seeking to recover a claim, is exposed to the risk that the debtor may fail to make payment or may become insolvent. In...
The Concept of a Shipping Order and an Overview of Its Main Stages Today, more than 80 percent of goods transportation is carried out by sea. Maritime transport encompasses a wide range of concepts and practical considerations, and...
