Analyses the credit industry and proposes ways in which credit grantors can use legal machinery to obtain the greatest profit and safest protection within the constraints imposed by a practical business environment. Various forms and combinations of security used throughout the Western world are discussed in detail and illustrated by case studies. Appropriate references are made to the prevailing legal position, both in South African and elsewhere. The analysis includes a review of certain credit documentation, including credit application forms and documents evidencing the existence of securities. Attention is given to the ability to charge interest on outstanding debts. Specific credit transactions and the legislation which affects them are also addressed. The report comments on the effect of insolvency on credit transactions. Again, illustrative cases based on practical business situations are employed. A proposal is made for reducing foreign exchange exposure when companies engage in international credit agreements.
|Subject||Business administration / Business leadership|
|Subject 2||Business administration / Business leadership|
|Degree Type||Masters degree|