LEGAL AND ECONOMIC PERSPECTIVES ON THE LEGAL PENALTY INTEREST
The legal evaluation of the penalty interest, meaning the ex lege determination of its level is applicable only in the case of non-fulfillment of a monetary payment obligation. The applicability of the system of legal evaluation of the interest is generally determined by the absence of a document t...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Romanian Foundation for Business Intelligence
2014-06-01
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Series: | Cross-Cultural Management Journal |
Subjects: | |
Online Access: |
http://seaopenresearch.eu/Journals/articles/CMJ2014_I1_1.pdf
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