marcelloetscher

Del credere

/in /by

The commission agent who takes over the del credere is liable for punctual fulfilment of the third party with whom he has concluded the execution transaction; he assumes the risk of the quality but not of the existence of the claim acquired for the account of the principal.

Term-Nr.: 258

German: Del credere (241)

Source: LK-Lötscher, 11.05.2020

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