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