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Chapter 12 - Standby Credits, and Demand Guarantees and Bonds

This is a chapter from the Bloomsbury Professional book Jack: Documentary Credits, 4th Edition, which is a detailed and authoritative account of the law and practice of documentary credits, including standby credits and demand guarantees. It also explains the rights and liabilities of each of the parties in the chain of complex relationships involved. Written from the perspective of banking practices as well as the law, it considers the Uniform Customs and Practice for Documentary Credits 600, as well as a full review of the body of case law on the UCPDC 500.

Chapter 2, the table of contents and the index are FREE to view, as a sample of the book's contents.

Mr Justice Jack, Ali Malek Q.C., David Quest

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