BUSINESS LAW (İŞLETME HUKUKU) - (İNGİLİZCE) Dersi Law on Commercial Enterprise soru detayı:

PAYLAŞ:

SORU:

What is contractual interest?


CEVAP:

Contractual interest is the interest which is based on an agreement between the parties whereas statutory interest is the interest rate which applies where the parties have not agreed otherwise. The parties can freely agree on the interest rates, however, if they have not so agreed, then the statutory interest rates apply.