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Abstract

Abstract in Thai unavailable

Legal Problems concerning the Liabilities of the Party whose Signature appears in and Prescription of Recourse according to the Bills

Civil and Commercial Code in the laws of Bills is a part of commercial law, which is defined prescription of the bills filed separately from the other specific contract. But the law has been enacted a prescription to take recourse to the guarantee of endorser by aval specifically. Prescription of recourse according of endorser who took up and paid the bills action of against to the drawer or each immediate endorser, several legal position of the law applied to this case. In any case, if the third party, whose signature not appears as a clear, which is liable to the bills by the payer. But do not appear as clear legal position on the bills affect the liability of the person who is liable to have recourse to their needs and liability within prescription and how much they have to spend money. He is a liability to their recourse to anyone of prescription within. Cause injustice to the parties. Thus cause injustice to the parties.