The Binding Nature of the Promise to Contract under the Law on Credit Institutions and Similar Bodies

Authors

Jawad Mourid, FSJES Ain Chock, Hassan II University of CasablancaFollow

Abstract

This article examines the binding nature of the promise to contract in banking transactions, within the legal framework governing credit institutions and similar bodies. It discusses the conditions for enforceability, the legal effects of the promise, and the limits of liability and compensation in case of breach, with attention to customer protection.

Recommended Citation

Mourid, Jawad (2023) "The Binding Nature of the Promise to Contract under the Law on Credit Institutions and Similar Bodies," Revue Marocaine de Droit, d'Economie et de Gestion (Moroccan Journal of Law, Economics and Management): Vol. 28: Iss. 2, Article 26.
Available at: https://scholarhub.univh2c.ma/remadeg/vol28/iss2/26