Money is whatever is generally accepted in Exchange for goods and represents a temporary adobe of purchasing power to be used for buyng still other goods and service. the coming of the checkless and cashless society will involve a shift from the check or document system to an electronic system. The order will be transmitted via electronic impulse initiated at a terminal in the merchant's establishment. The merchant will be paid at the instant of the cardholder's order transmittal by means of a credit to his account: the cardholder's account will be debited at the same time. In Italian civil code art. 1277 there is nominalistic principle that applies to fluctuations in the value of money , that means if an obligation to pay one euro was incurred in 2010 but payable in 2020, it remains an obligation to pay one euro. This paper analyze the evolution of concept of money and the consequences about nominalistic principle, paying attention to different way to perform the duties of money obligation.
L’ADEMPIMENTO DELL’OBBLIGAZIONE PECUNIARIA: IL PAGAMENTO CON STRUMENTI ALTERNATIVI AL DENARO CONTANTE
MECCA, Virgilio
2013
Abstract
Money is whatever is generally accepted in Exchange for goods and represents a temporary adobe of purchasing power to be used for buyng still other goods and service. the coming of the checkless and cashless society will involve a shift from the check or document system to an electronic system. The order will be transmitted via electronic impulse initiated at a terminal in the merchant's establishment. The merchant will be paid at the instant of the cardholder's order transmittal by means of a credit to his account: the cardholder's account will be debited at the same time. In Italian civil code art. 1277 there is nominalistic principle that applies to fluctuations in the value of money , that means if an obligation to pay one euro was incurred in 2010 but payable in 2020, it remains an obligation to pay one euro. This paper analyze the evolution of concept of money and the consequences about nominalistic principle, paying attention to different way to perform the duties of money obligation.File | Dimensione | Formato | |
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