А guarantee as a way of enforcement of credit obligations: theoretical and applied aspects Cover Image

Порука як спосіб забезпечення виконання кредитних зобов’язань: теоретичні та практичні аспекти
А guarantee as a way of enforcement of credit obligations: theoretical and applied aspects

Author(s): O. P. Karasava
Subject(s): Law on Economics
Published by: Національний юридичний університет імені Ярослава Мудрого
Keywords: Guarantee; guarantee agreement; guarantor responsibility; ceasing a guarantee;

Summary/Abstract: Increasing importance of the guarantee institution in the context of binding legal relationships requires precise and fair determination of the guarantor role regarding an issue of reduction of negative legal consequences of breaking an obligation aimed at protection of rights of a creditor as well as a guarantor and a debtor, whose obligations are guaranteed. The author has considered a legal aspect of a guarantee as a way to enforce obligations. The author has determined distinctive characteristics of a guarantee. The article substantiates a view regarding necessity of more precise legislative confirmation of legal relationships of a guarantee. The author analyzes the legislation on ceasing a guarantee on account of increase of a responsibility amount, which was not approved by a guarantee.

  • Issue Year: 3/2015
  • Issue No: 22
  • Page Range: 202-217
  • Page Count: 16
  • Language: Ukrainian
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