Contracts Constituting Barter System

By the invention of money trading contract lost its popularity and left its place to sales contracts. Sales contracts have maintained their place for centuries. However, while performing them some difficulties arisen since the interest has become effective in actual payment of sales contracts. The c...

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Bibliographic Details
Main Author: Saka, Nurdan; İstanbul Bar Association
Format: PDF Document
Language:eng
Published: Journal of International Trade, Logistics and Law 2017
Subjects:
Online Access:http://jital.org/index.php/jital/article/view/54
Description
Summary:By the invention of money trading contract lost its popularity and left its place to sales contracts. Sales contracts have maintained their place for centuries. However, while performing them some difficulties arisen since the interest has become effective in actual payment of sales contracts. The cost of the money has increased with the effect of interest and has caused great economic problems. The barter system has been invented in the economies of the developed countries as a result of big troubles and become a promising financing instrument. Barter membership contract and barter contract, which is my thesis study, is an issue that is not regulated in Turkish law and has not been studied much. This article is written to introduce the barter system and the contracts constituting this system.