Article
The Interest Clause In Negotiable Instruments And Its Validity
Negotiable instruments—comprising bills of exchange, promissory notes, and checks—are a type of valuable document that plays a significant role in commercial life. These instruments serve a major function in securing claims, expediting commercial transactions, and facilitating economic circulation. Under Turkish law, negotiable instruments are regulated under three separate headings—promissory notes, bills of exchange, and checks—in the Turkish Commercial Code No. 6102 (“TCC”).
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