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An Economic Analysisof the Guaranty Contract

Author

Listed:
  • Katz, A. W.

Abstract

The purpose of this paper is to outline the basic economic logic underlying the guaranty relationship- its costs and benefits, and what distinguishes it from other financial arrangements for which it is a substitute.

Suggested Citation

  • Katz, A. W., 1997. "An Economic Analysisof the Guaranty Contract," Papers 97-7, Georgetown University Law Center.
    • Handle: RePEc:fth:geolaw:97-7
    as

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    More about this item

    Keywords

    CONTRACTS ; LAW ; RISK;
    All these keywords.

    JEL classification:

    • K10 - Law and Economics - - Basic Areas of Law - - - General (Constitutional Law)
    • K12 - Law and Economics - - Basic Areas of Law - - - Contract Law

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