On Tuesday 6-Feb-2018 at 3:00 in room 321 Dr. Abdulbasit Kareem presented workshop on the law of spending applies to all the provisions and legal rules regulating the commercial papers in the Iraqi Trade Law No. 30 of 1984.
The law is based on the basic principles, namely, the formalities and the independence of signatures for the appearance and emphasis on the debtor to comply with the fulfillment of the trade law, that the drawer is the guarantor of acceptance to fulfill such as the commercial transferring either The with drawer is not a guarantor of acceptance and fulfillment and shall be guarantor after acceptance. Here, an intersection has emerged between the commitments drawn upon him when he refuses to accept the commercial transfer. When the refusal, the legal holder of the commercial transfer cannot force him to abide by To meet,
but due to the exchange value of the Taker to transfer the work of protest against it for refusing to accept the value and commitment to transfer the value of the transfer and we are facing a legal problem compared to what was stated in the principles of the Exchange Act and the tightening of the debtor to force him to fulfill the obligation.
