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The Debt Assignment. Manner Of Extinguishing The Obligational Legal Relation In The Current Period

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  • Alexandru BULEARCA

    (Athenaeum University, Bucharest, Romania)

Abstract

It is well-known that the commercial operations are characterized by expediency. Still, the expediency principle can only be respected if the debtor of the price payment obligation has sufficient liquidities available. In the contrary case, there is a risk of major disturbances of the economic operations. In order to surpass such obstacles, the debtor of the payment obligation has at his disposal a series of legal institutions, known in the doctrine under the name of legal forms of payment, by means of which he can extinguish the initial pecuniary obligation. Thus, in the category of legal forms of payment, among others, is included the assignment of the debt, which makes the object of our analysis.

Suggested Citation

  • Alexandru BULEARCA, 2017. "The Debt Assignment. Manner Of Extinguishing The Obligational Legal Relation In The Current Period," Internal Auditing and Risk Management, Athenaeum University of Bucharest, vol. 48(4), pages 21-42, December.
    • Handle: RePEc:ath:journl:v:48:y:2017:i:4:p:21-42
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    More about this item

    Keywords

    payment; assignment of debt; legal forms of payment; contract; creditor; debtor; assignor; assignee; assigned debtor;
    All these keywords.

    JEL classification:

    • F34 - International Economics - - International Finance - - - International Lending and Debt Problems
    • K40 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior - - - General
    • H6 - Public Economics - - National Budget, Deficit, and Debt

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