The article descibes the process leading to the draft of the Model Law as discussed in 1991. The text of the draft is reproduced as Annex. The Model Law is designed to produce a comprehensive body of rules to govern relations between parties to funds transfer transactions.

Spanish Abstract: En este capítulo de libro se realiza una aproximación al contrato en el derecho colombiano, a través de una guía de estudio que abarca su conceptualización doctrinal. Ello con el fin de motivar el interés para los estudiosos y estudiantes del derecho comparado...

For more than two decades the family business enterprises of the first generation (generation of founders) are more and more dominating in the category of today’s Small and Medium-sized Enterprises in the Czech Republic. The necessary legal background defining the legal relationships and...

Credit contract and lending contract represent to two related contract types regulated by the 2012 Czech Civil Code. Nevertheless, the lending contract differs from the credit contract in several aspects. Whereas the subject-matter of the credit contract can be only provision of money, the...

Islamic finance has emerged as a sustainable alternative of conventional finance for last two decades or so thanks to development of Islamic banking industry and more recently Islamic capital market. As Islamic finance industry is based on the principle of Islamic Law of Contract, there are...

The aim of this paper is the analysis of hotel management by means of hotel franchising contracts under the Spanish normative regulation. The study is carried out considering the scope of hotel chains and includes a comparative analysis of alternative hotel management contracts. A detailed...

Selling and buying of Islam have prescribed rules of law, as has been expressed by the scholars, both regarding terms, pillars and other forms of buying and selling are not allowed. As well as buying and selling "kilogram fabric" can not see the whole things. Sale and purchase containing gharar...

The drop shipping transaction which a glance look like bai’ assalam, especially parallel salam, which is suspension transaction model that allowed in Islam. But, there is a little difference in the dropship (online store) does not accommodate for sell. Therefore, from that thing makes...

Post-War conceptions of human rights have evolved independently of long-established theory and practice of property and creditor rights, to the detriment of the development and implementation of human rights law. This chapter attempts to build a first bridge between these two fields of law. It...

The financial crisis has led to new interest in the ethics of financial markets. In this article we further the debate on the nature of banking contracts by showing that the fundamental subjective purposes of loan and deposit contracts are irreconcilable. Any resultant mixture of the two...