Summary: Droit Des Affaires 1

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  • 1 Droit des affaires 1

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  • What is "Droit du Crédit"?

    • Part of "Droit des Affaires"
    • Governs transactions involving property transfer
    • Constitutes obligations and claims for parties
  • Why is "Droit du Crédit" pertinent?

    • Supports volume and business developments
    • Essential for capital multiplication
    • Basis of modern economy
  • Who issued rules on loans in ancient times?

    • Hammurabi, Babylonian Prince (1792-1750 BC)
    • Included in "Code Hammourabi"
    • Rules about "PRET" and "COMMISSION"
  • What are two identified loan types?

    • COMMODAT: Loan for use
    • MUTUUM: Consumption loan
    • Difference in property ownership
  • When was Senegal's first bank established?

    • December 28, 1853
    • Allowed economic growth
    • Access to credit or cash loans
  • What challenges do credit operations present?

    • Borrower's repayment difficulties
    • Temporary or definitive insolvency
    • Use of guarantees to manage risks
  • What is the role of the "Acte Uniforme de l’OHADA"?

    • Entered into force January 1, 1998
    • Organizes legal matters
    • Concerns civil and commercial guarantees
  • What does Article 526 COCC specify?

    • Distinguishes "prêt à usage" vs. "prêt de consommation".
    • "Prêt à usage": Item remains property of prêteur.
    • Must return item identically.
  • What is "prêt d’argent"?

    • A type of "prêt de consommation".
    • Ancient practice as old as currency.
    • Often involves interest.
  • Why is interest associated with "prêt d’argent"?

    • Compensates for deprivation of use.
    • Legitimate benefit to prêteur.
    • Emprunteur pays equivalent.
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