Podcast
Questions and Answers
Which of the following is a legal rule for activating the credit component in business activity?
Which of the following is a legal rule for activating the credit component in business activity?
- Immediate payment without any grace period
- Exemption from paying interest on delayed payments
- Solidarity of civilians with a commercial debt (correct)
- Unlimited postponement of debt repayment
Under what conditions can a judge grant a debtor a grace period for repaying a debt?
Under what conditions can a judge grant a debtor a grace period for repaying a debt?
- If the debtor is late by any amount of time
- If the debtor requests it regardless of the circumstances
- If the debt is related to civil matters only
- Only if the creditor suffers serious damage from the postponement (correct)
What is the compensation for delayed payment in commercial matters according to the legal rules?
What is the compensation for delayed payment in commercial matters according to the legal rules?
- 5% interest (correct)
- 10% interest
- 2% interest
- 8% interest
In what type of business activity is immediate payment without any grace period required?
In what type of business activity is immediate payment without any grace period required?
What is the percentage of interest for delayed payments in civil matters according to legal rules?
What is the percentage of interest for delayed payments in civil matters according to legal rules?
What is the purpose of bankruptcy in commercial matters?
What is the purpose of bankruptcy in commercial matters?
How should a debtor be notified of the notice of payment in commercial matters?
How should a debtor be notified of the notice of payment in commercial matters?
In domestic jurisdiction, which court is generally competent to hear a dispute?
In domestic jurisdiction, which court is generally competent to hear a dispute?
What is the purpose of notification in commercial matters?
What is the purpose of notification in commercial matters?
What is the primary means of urgency for notification in commercial matters?
What is the primary means of urgency for notification in commercial matters?