Αποτελέσματα Αναζήτησης
7 Αυγ 2024 · The chapter deals with the legal aspect of the fundamental concept in all financial transactions — money. It explains why an understanding of the idea is essential to the development of financial transactions.
In late September, Giovanni Pitruzzella, Advocate General at the European Court of Justice (ECJ), opined that German national law’s definition of legal tender, which determines euro banknotes as the sole unrestricted legal means of payment, infringed on the exclusive competence of the European Union and therefore cannot be applied.
Looking for a common definition of legal tender of euro cash, the Group expressed unanimous support for a definition relying on three main criteria, seen as cumulative, in cases where a payment obligation exists: •
18 Ιουν 2012 · This article discusses four basic mechanisms by which the expenditure of money can influence the political system: money for votes, money as gatekeeper, money as means for influencing public and legislative opinion, and money as independent political power.
5 Αυγ 2014 · Seven clauses of the United States Constitution touch on questions that might be described as relating to monetary policy. Properly interpreted, these seven clauses together form a system of rules that strongly protects economic prosperity and political liberty.
This chapter summarizes the case for considering money as a legal institution. The Western liberal tradition, represented here by John Locke’s iconic account of money, describes money as an item that emerged from barter before the state existed.
3 Αυγ 2020 · Firstly, what is the legal meaning of the term ‘legal tender’ and does it impose a binding obligation on public authorities in the euro member states to accept cash? Secondly, does the authorisation to issue euro cash constitute a part of the ECB’s monetary policy? Let’s tackle the first question.
