The Identity of the Beneficiary or Presenter Calling for Payment under Demand Guarantees: A Purposive Approach

In practice issues may arise when a party other than the designated beneficiary makes a call for payment, leading to a non-conforming demand. This has threatened the commercial use of demand guarantees due to demands for payment being rejected for non-conformity. Notably, the party calling for payme...

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Bibliographic Details
Published in:Potchefstroom electronic law journal Vol. 27
Main Author: Chivizhe, Tinaye
Format: Journal Article
Language:Afrikaans
English
Published: North-West University 17-10-2024
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Online Access:Get full text
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