Commercial Law: Leasing, Factoring, and Bankruptcy
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Leasing and Factoring Contracts
The leasing contract in general terms is a lease-purchase. The contracting parties to the factoring contract are called: Client, debtor, and factor. The main document that takes the factoring contract in their operations is the Bill. The radical importance of designating the address by the client in the contract is in bank accounts: to notify in the event of legal action against them.
Insurance Contract Fundamentals
The document where the terms of the insurance contract are immersed is called the Policy. The price or economic contribution made by the insured to the insurance company is called the Premium (Prima). The subjects of the insurance contract are the insurer, insured, policyholder, and beneficiary.