An analysis of credit transactions and forms of security

Abstract :

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.

 

Details

Author Sher JL
URL http://hdl.handle.net/20.500.11892/52671
Date Accessioned 2016-09-22T09:16:43Z
Date Available 2016-09-22T09:16:43Z
Date Created
Identifier URL 1979
Language English
Subject Business administration / Business leadership
Subject 2 Business administration / Business leadership
Alternative Title
Degree Type Masters degree
Degree Description  MBA