Reasons to Take Measures Against a Bank Guarantee Being Called

Description

This Skill Bit talks about taking Measures Against a Bank Guarantee Being Called. Facing a guarantee call on a loan? You might have legal defenses! Explore options like breach of contract, fraud, lack of consideration, unfair terms, or unforeseen circumstances that prevent fulfilling the guarantee. Remember, legal defense against a guarantee call can be complex and costly, so consulting a lawyer is key.

Duration approx. 3 Min.

Tier: proficiency