Abstract:

Credit openning conract is an agreement that a credit bank commits to put certain money out the loan in it’s defined provisos. In this contex borrower commits to to repay the money in these provisos. Borrower clearly remarks that he/she accepts the arising loss, interest and so on in the contract If he/she can’t satisfy the commitment. Termination of the credit openning contact states are party’s make a deal with each other, discharge of the contactual obligations, expiration of discharge time stated on the contact, death of the borrower or party’s bankrupt, cancellation of the credit openning contact and sescission of the credit openning contract. If a guarantor guarantees the credit openning contact, guarantor’s liability doesn’t exist when borower won’t use the credit. However if the credit uses by the borrower and he/she doesn’t repay the debt, the guarantor’s liability will keep on

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