What is a Declared Debt, How to Avoid Paying

What is a Declared Debt, How to Avoid Paying

B) Debt arising from promissory note

ARTICLE 646 – (1) The debtor of the bill of exchange is obliged to. Pay only in exchange for the delivery of the bill of exchange.

(2) Unless there is fraud or serious defect, the debtor shall be relieved of his debt by paying the person who is understood to be the creditor according to the nature of the promissory note when it becomes due.

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