Representation in bills of exchange
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Abstract (EN)
Bills of exchange are regulated in Article 671 of the Turkish Commercial Code no 6102 and its continuation. Bills of exchange; consists of notes, bills and cheques. These bills are used as a means of payment, credit and guarantee. Bills of exchange, which are widely used in daily life, can be traded through a representative. The only provision regarding representation in bills of exchange is Article 678 of the Turkish Commercial Code titled unauthorized signature. In the provision, the responsibility of the representative is regulated in the event that the authority of representation is exceeded or absent. Other issues regarding representation in bills of exchange are not included in the Turkish Commercial Code. For this reason, the general provisions of the Turkish Code of Obligations on representation apply to representation in bills of exchange to the extent that it is appropriate for its natur. In our study, in order to make the representation in bills of exchange easy to understand, firstly, the general provisions of the Turkish Code of Obligations regarding representation were discussed. In the later parts of our thesis, transactions that can be carried out through representative in the bills of exchange, the methods of these transactions and unauthorized representation in the bills of exchange are examined by using case law of High Courts in order to establish connection with the application. Key Words: Bills of exchange, representation, unauthorized representation, bills of exchange transactions.
Author
Mehmet Emin Yıkar
Institution
How to Cite
Mehmet Emin Yıkar (Master Thesis). Representation in bills of exchange, 2020, Marmara University.
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