SOME THEORETICAL AND PRACTICAL ASPECTS ABOUT THE FUNCTIONING MECHANISM OF BILL OF EXCHANGE RELATIONS AND BILL OF EXCHANGE EXECUTION

This study aims to analyze the mechanism of operation of bills of exchange and bill of exchange execution from a theoretical and practical perspective. In this sense, the first research objective will aim to identify the mechanism of formation of bills of exchange relations as well as the mode of operation by referring to elements such as acceptance for payment of the bill of exchange, endorsement or endorsement of the bill of exchange. The second research objective aims to present the most important mechanisms that the person entitled to payment of the bill of exchange has if the amount in the title is not paid. In this sense, we analyzed the provisions relating to bill of exchange execution from both a practical and a jurisprudential perspective. In preparing this study, we analyzed the updated legislation on the subject, the relevant jurisprudence on the subject, but also the theoretical provisions incident to the analyzed topic.