Acknowledgement of the Existence of Debt in the Light of Doctrine and Judicial Practice
Keywords:
acknowledgement of the existence of debt, abstract contract, causal acknowled¬gement, novation, other performance, other obligation.Abstract
Acknowledgement of debt is one of the major law-of-obligations relationship. Correct regulation of this relationship greatly depends on the form of manifestation of this relationship, its content, legal good faith, etc. The paper investigates the legal nature of the acknowledgement of debt, offers the general overview of key aspects like the concept of acknowledgement of the existence of debt, its content and form of expression, also delimitation from and links with other legal institutions, what is of major theoretical and practical importance.
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