The amount of the legal interest that the professional must pay to a consumer Cover Image
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Cuantumul dobânzii legale pe care profesionistul trebuie să o plătească unui consumator
The amount of the legal interest that the professional must pay to a consumer

Author(s): Răzvan Barac
Subject(s): Law, Constitution, Jurisprudence, Commercial Law
Published by: C.H. Beck Publishing House - Romania
Keywords: legal interest; calculation of legal interest; invalidity clauses; consumer's protection;

Summary/Abstract: The article proposes an interpretation of the regulations in Romanian law regarding the legal interest that a professional must pay to a consumer when he has been obliged to pay a sum of money to repair a damage created by a civil crime. The article specifically addresses the percentage level of the applicable interest rate. The article also includes a classification of the types of legal interest regulated by law and proposes a selection of the one applicable between professionals and consumers. Last but not least, the article presents the arguments invoked in a dispute that has as its object the concrete way of calculating the legal interest. It can be a useful tool for both the professional and the consumer.

  • Issue Year: XVIII/2019
  • Issue No: 11
  • Page Range: 674-679
  • Page Count: 6
  • Language: Romanian