In our capital and financial activities, “credit risk” is known as a common term, especially for bank credit. However, having an understanding of credit risk is not a common skill that everyone may get. So what is credit risk? Why does credit risk take...
Among various remedies for handling violations when performing the contract, Fines for breaches are considered one of the most commonly used ones, besides forcible payment of damages. Agreements on Fines for breaches in commercial contracts will help the parties take...
In principle, the settlement of disputes by Commercial Arbitration shall be carried out when the parties have an Arbitration Agreement. In particular, the defendant is the person who is sued by the plaintiff at the Arbitration Center to ask this agency to resolve the...
Dispute settlement is a clause that appears in most economic contracts to provide a settlement direction for the parties when a dispute arises. Accordingly, from this clause, the parties to the contract will resolve disputes by methods such as negotiation,...
Are legal entities criminally liable? If yes, legal entities incur criminal liability when satisfying which conditions? Almost businesses concern about these questions when conducting business activities. To answer these questions, in this article, we will analyze the...
