Many civil-law relations developing between the subjects of economic relations are a liability.Each party to the right to insist on the performance of the contract, but has no right to compel the execution of certain actions.
obligations arise both among citizens and among organizations.They mediate the relations in various spheres: production, business, the field of distribution and exchange.Enforcement of the obligations arising from the contract of sale, transportation, delivery, and other capital construction.
citizens create debt relationship with companies in the consumer services and retail purchase and sale, transport of luggage and passengers, using the premises, etc.In the developing market relations such services can also be provided, and private entrepreneurs.
obligations relations can also result from the issuance of powers of attorney, gifts, loans, etc.Furthermore, it should be noted that the commitments can arise not only from the instruments, but also due to other legitimate reasons.For example, those may be the administrative acts, unilateral transactions, causing harm, as well as other actions that give rise to rights and obligations.
to enforce the obligations set for the strengthening of contractual discipline.Created some of the property guarantees - a guarantee, liquidated damages, deposit guarantee, hold property and bank guarantee.
Deposit - is the transfer of the debt to the creditor of the parties to the contract of his property to the performance of its obligations.The use of such assurances known pawn shops, banks, etc.
Penalty - is to ensure fulfillment of the obligations under which the contract is prescribed a certain amount of money that is required to repay the principal in the event of improper performance of liabilities.Generally this penalty is set for the delay.
Deposit - is the sum of money that the debtor pays at the expense relates to the contract payments are proof of performance conditions.
Guarantee as a way to ensure the fulfillment of an obligation is a kind of contract in which the guarantor assures the creditor for another person and respect of his debt contract terms.The meaning of this guarantee is that the lender an additional opportunity to receive money not only from the debtor but also from the guarantor.
lien - is to ensure fulfillment of the obligations under the contract, in which the lender the right to hold property at as long as the debtor does not pay the full amount of the contract.
bank guarantee is a written commitment, in which the bank (and other credit or insurance organization), is the guarantor pays a certain amount to the lender in the case of the latest demands in writing for the payment of the required sum of money.
ensure fulfillment of obligations - this is an additional guarantee for the lender, which helps to prevent or reduce the negative effects of improper dealings.
