Journal of college of Law for Legal and Political Sciences

Abstract

ABSTRACT :
Business transfers and instruments, commercial paper have the status of acceptance and trading in the world of commerce, the two most important commercial paper, the relevant operations of banking institutions and banks, as it can not occur flow regulator business operations without the presence of a favorable climate and the use of means that facilitate the conduct of these behaviors.
The operations commercial nature speed, flexibility, and speed factor imposed on the legislature allocated legal provisions unique to the business; to meet the need for speed, this has placed special provisions of remittances and trade instruments, its objective and formality, guarantees and aging, and these guarantees security, which is the subject of our research and these guarantees increases the confidence in handling remittances and trade instruments and supported by, and that has helped a lot in reducing the risk of carrying cash and was replaced in the meet, and have created an important means of credit among traders and other individuals from the non-merchants.