Probing on a couple of issue of warranty legal system
Chai Fang-sheng
Abstract
Chai Fang-sheng
Abstract
s:Probing on a couple of issue of perfection warranty legal system,refusal of qualifications terms that guarantor who has capacity to pay off debts of debtor in our warranty law.Clients should assume guaranty duty according to the guaranty as a rule when he has no agreement or make no clear.Guarantor assumes no guaranty duty when creditor non-declare his rights after courts accept and hear a case of bankruptcy.Value of credit rights of the mortgagor may be higher than the hostages.Mortgagor may duplicate raise a mortgage on different things according to the same value.
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s:Probing on a couple of issue of perfection warranty legal system,refusal of qualifications terms that guarantor who has capacity to pay off debts of debtor in our warranty law.Clients should assume guaranty duty according to the guaranty as a rule when he has no agreement or make no clear.Guarantor assumes no guaranty duty when creditor non-declare his rights after courts accept and hear a case of bankruptcy.Value of credit rights of the mortgagor may be higher than the hostages.Mortgagor may duplicate raise a mortgage on different things according to the same value.
Key concepts: Surety, Debtor, Warranty, Creditor, Duty, Business, Bankruptcy, Debt