CONTRACTUAL FREEDOM AND FORMALISM IN THE CREDIT AGREEMENT
The credit agreement meaning is trust. It involves a psychological relationship between two or more persons, characterized by predictability the third one involving present or future action on the status of a particular person.This relationship is psychological, in a certain context, social relation...
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Nicolae Titulescu University Publishing House
2011-04-01
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doaj-39bc0b92e4dd4f5eb4182653ed16bbfb2020-11-24T23:52:00ZengNicolae Titulescu University Publishing HouseChallenges of the Knowledge Society2068-77962011-04-011-291296CONTRACTUAL FREEDOM AND FORMALISM IN THE CREDIT AGREEMENTANCA NICOLETA GHEORGHECAMELIA STANCIULESCUThe credit agreement meaning is trust. It involves a psychological relationship between two or more persons, characterized by predictability the third one involving present or future action on the status of a particular person.This relationship is psychological, in a certain context, social relationship and may take legal meanings. If at the beginning, people borrowed food and tools, later borrowed money to buy everything you wanted. Financial lending institution has become very popular, creating a group of people who have dealt with this service. Over time, this community has turned into banks. Being originally a loan of money covered by the Civil Code, the credit is used daily by both individuals and by professionals, becoming an engine of capitalist society. Unprecedented expansion of this contract led to a strict control of public authorities and subsequent legislative interventions, the articles of the Civil Code is supplemented by regulations governing the progressive banking, legal interest, namely consumer credit. Under the credit agreement, the economic situation of the parties is not equal, one party is disadvantaged in comparison to the other, protecting the disadvantaged part of the legislature making it a target in credit operations. In French doctrine, consumer credit has been praised as “a contract of all pleasures”; but at the same time “an agreement of all risks”.http://cks.univnt.ro/uploads/cks_2011_articles/index.php?dir=01_law%2F&download=cks_2011_law_art_031.pdfcredit agreementformalismpre-offervicescontractual freedom |
collection |
DOAJ |
language |
English |
format |
Article |
sources |
DOAJ |
author |
ANCA NICOLETA GHEORGHE CAMELIA STANCIULESCU |
spellingShingle |
ANCA NICOLETA GHEORGHE CAMELIA STANCIULESCU CONTRACTUAL FREEDOM AND FORMALISM IN THE CREDIT AGREEMENT Challenges of the Knowledge Society credit agreement formalism pre-offer vices contractual freedom |
author_facet |
ANCA NICOLETA GHEORGHE CAMELIA STANCIULESCU |
author_sort |
ANCA NICOLETA GHEORGHE |
title |
CONTRACTUAL FREEDOM AND FORMALISM IN THE CREDIT AGREEMENT |
title_short |
CONTRACTUAL FREEDOM AND FORMALISM IN THE CREDIT AGREEMENT |
title_full |
CONTRACTUAL FREEDOM AND FORMALISM IN THE CREDIT AGREEMENT |
title_fullStr |
CONTRACTUAL FREEDOM AND FORMALISM IN THE CREDIT AGREEMENT |
title_full_unstemmed |
CONTRACTUAL FREEDOM AND FORMALISM IN THE CREDIT AGREEMENT |
title_sort |
contractual freedom and formalism in the credit agreement |
publisher |
Nicolae Titulescu University Publishing House |
series |
Challenges of the Knowledge Society |
issn |
2068-7796 |
publishDate |
2011-04-01 |
description |
The credit agreement meaning is trust. It involves a psychological relationship between two or more persons, characterized by predictability the third one involving present or future action on the status of a particular person.This relationship is psychological, in a certain context, social relationship and may take legal meanings. If at the beginning, people borrowed food and tools, later borrowed money to buy everything you wanted. Financial lending institution has become very popular, creating a group of people who have dealt with this service. Over time, this community has turned into banks. Being originally a loan of money covered by the Civil Code, the credit is used daily by both individuals and by professionals, becoming an engine of capitalist society. Unprecedented expansion of this contract led to a strict control of public authorities and subsequent legislative interventions, the articles of the Civil Code is supplemented by regulations governing the progressive banking, legal interest, namely consumer credit. Under the credit agreement, the economic situation of the parties is not equal, one party is disadvantaged in comparison to the other, protecting the disadvantaged part of the legislature making it a target in credit operations. In French doctrine, consumer credit has been praised as “a contract of all pleasures”; but at the same time “an agreement of all risks”. |
topic |
credit agreement formalism pre-offer vices contractual freedom |
url |
http://cks.univnt.ro/uploads/cks_2011_articles/index.php?dir=01_law%2F&download=cks_2011_law_art_031.pdf |
work_keys_str_mv |
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