The Law of Guarantee Engagement in Business Transactions in Indonesia

DOI: https://doi.org/10.33650/ijed.v4i1.11734

Authors (s)


(1) * NAELIL AGUSTIN   (Universitas Nurul Jadid)
(2)  NAJMAR RIZQIYATIL HASANAH   (Universitas Nurul Jadid)  
        Indonesia
(*) Corresponding Author

Abstract


The law of collateral obligations is a crucial aspect in business transactions because it functions as a legal protection mechanism for creditors against the risk of default by debtors. This study aims to examine how the law of collateral obligations is applied in business practices and to examine the problems faced by the parties in the obligation relationship. This study uses a qualitative approach with a literature study method and in-depth interviews with legal practitioners and business actors. The results of the study show that although collateral instruments such as pawns, fiduciaries, mortgages, and mortgages have been legally regulated, their implementation in the field often faces obstacles, both in terms of legal understanding, contractual interpretation, and implementation of collateral execution. This study recommends the need to improve legal understanding among business actors and strengthen institutions in enforcing collateral law in order to create certainty and justice in business transactions.

Keywords

law of obligations, guarantees, business transactions, qualitative research.



Full Text: PDF



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Febrianto, A, R Widad, and R N Aini. 2022. “AKSELERASI DISTRIBUSI TECHNICAL SELLING MELALUI KNOWLEDGE SHARING PADA MEDIA SOSIAL: Studi Pada Store Ms Glow Kraksaan Probolinggo.” Jurnal Istiqro. https://doi.org/10.30739/istiqro.v8i2.1503.

Febrianto, Ahmad, Roisul Muhtadin, and Luthfi Riadi. 2022. “Pemanfaatan Teknologi Informasi Dan Komunikasi Guna Mengendaikan Pola Perilaku Konsumtif Santri Pondok Pesantren Nurul Jadid.” Jurnal Sosial Ekonomi Dan Humaniora 8 (1): 57–63. https://doi.org/10.29303/jseh.v8i1.23.

Febrianto, Nanang, and Aghniarahim Putritamara. 2017. “Proyeksi Elastisitas Permintaan Telur Ayam Ras Di Malang Raya” 27 (3): 81–87. https://doi.org/10.21776/ub.jiip.2017.027.02.010.

Kharissidqi, Mohammad Tegar, and Vicky Wahyu Firmansyah. 2022. “Aplikasi Canva Sebagai Media Pembelajaran Yang Efektif.” Indonesian Journal Of Education and Humanity 2 (4): 108–13. http://ijoehm.rcipublisher.org/index.php/ijoehm/article/view/34.

Margolang, Nazaruddin. 2018. “Pemberdayaan Masyarakat.” Dedikasi: Journal of Community Engagment I (2): 87–99. https://doi.org/10.31227/osf.io/weu8z.

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satya haprabu. 2017. “No Title.” PENJUALAN LELANG BARANG JAMINAN HAK TANGGUNGAN MENURUT PERSPEKTIF HUKUM ISLAM IV No. 1.

Sidik, Salim H. 2008. “Pengantar Hukum Perdata Tertulis (BW).” Jakarta: Sinar Grafika.

Susana, Erni, Hasil Pembiayaan, and Al-mudharabah Bank. 2011. “Al-MUDHARABAH PADA BANK SYARIAH” 15 (3): 466–78.

UNESCO. 2018. “The 2030 Education Agenda : From MDGs , EFA Sustainable Development Goal 4,” no. October: 1–200.


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IJED: International Journal of Economy Development Research
Published by Islamic Faculty of Nurul Jadid University, Probolinggo, East Java, Indonesia.