According to Article 765 of Civil Code, in consignment agreement the taker of the order (consignee) is committed to extent of its business to buy or sell goods to the principal (consignor), but on his own behalf, for remuneration (commission). It means that the consignee has a contract with a third party (seller or...
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News:
- Corruption in Bulgaria and Romania still unpunished, EU says21-07-11 Corruption in Bulgaria and Romania continues to not be properly pursued by the judiciary, with cases taking too long and judges themselves prone to taking bribes, the EU commission said Wednesday (20 July). […]
- France and Germany reach deal ahead of crucial summit21-07-11 Germany and France were able to overcome their differences and reach an agreement on a second rescue plan for Greece following a seven hour meeting on Wednesday evening. […]
- Merkel lowers summit expectations20-07-11 With officials working around the clock on the terms of a second bailout for Greece, German chancellor Angela Merkel has played down expectations that a wide-ranging deal will be reached at an emergency summit on Thursday (21 July). […]
- 8 banks fail Europe's stress test18-07-11 European regulators said 8 banks will need 2.5 billion euros ($3.5 billion) to survive a serious downturn, and that 16 other lenders passed but should raise more money. […]
- Divisions remain ahead of key EU debt summit18-07-11 Uncertainty over whether the EU will be able to agree the terms of a second bailout for Greece in the coming days rose over the weekend as fundamental differences between key players were highlighted once more. […]
Consignment agreement- what is it ?
Curator for legal person
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