Document Type
Journal Article
Abstract
Contracts of guarantee are being signed in situations where the guarantors have little or no informatioin or are misinformed about important aspects of the transaction, such as the borrower's loan or the finanacial soundness ofj the business they are supporting. Such guarantees are therefore given the inadequate understanding of cruicial aspects of the transaction, which in general terms would relate to the financial viability of the business secured and the nature and extent of the liability.
RIS ID
28133
COinS
Publication Details
C. Yang Chee. Chew, ''Misrepresentation as applied to contracts of guarantee: a map through the thicket'' (2009) 24 (3) Journal of International Banking Law and Regulation 164-171.