Professor of the Law Faculty of Shahid Beheshti University
Abstract
Commercial law has obligated the owner of a bill and a promissory note to demand the related sums on due date. If he delivers the bill to its promisor on the due date and faces non-payment, he is obliged to protest.
This article, after examining the concept of protest, deals with the subject of the essential reason for proving the demand of the sum relating to the commercial paper by its owner. Then, by giving reasons in this context, it states that offering a
due to various reasons such as mutual imbalance, has been disputable and confronting numerous ambiguities as well as legal, political and social dangers.
This state, creates concern about the future destiny of the aforementioned contracts for the contractual parties including the governmental and private sectors of our country each of which is involved in such contracts somehow.
This article, deals with the essential points of these contracts such as characteristics, method of negotiation, position of the parties, distinctions among the states and their nature on one hand and the technical and legal articles of most of the aforementioned contacts such as the applicable law, condition
Fakhari, A. H. (2005). Necessity or Non-necessity of Sending a Declaration Concerning a Sight Bill
and a Demand Promissory Note. Criminal Law Doctrines, 1(15), 7-16.
MLA
Amir Hoseyn Fakhari. "Necessity or Non-necessity of Sending a Declaration Concerning a Sight Bill
and a Demand Promissory Note". Criminal Law Doctrines, 1, 15, 2005, 7-16.
HARVARD
Fakhari, A. H. (2005). 'Necessity or Non-necessity of Sending a Declaration Concerning a Sight Bill
and a Demand Promissory Note', Criminal Law Doctrines, 1(15), pp. 7-16.
VANCOUVER
Fakhari, A. H. Necessity or Non-necessity of Sending a Declaration Concerning a Sight Bill
and a Demand Promissory Note. Criminal Law Doctrines, 2005; 1(15): 7-16.
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