Commercial Law

The Non-Disclosure Agreement

By |2019-11-25T08:34:13+00:00November 25th, 2019|Commercial Law|

A non-disclosure agreement signed before a formal legal agreement is entered into to govern the business relationship between parties (such as a supply of goods or services or licence agreement) should generally have only a very narrow scope.

The big question: Discounting Transaction or Incidental Credit?

By |2019-10-04T05:41:14+01:00February 18th, 2019|Commercial Law, Commercial Law, Consumer|

A question often asked, and understandably so, is what is the difference between a discounting transaction and an incidental credit transaction? On first glance at the definitions in the National Credit Act, 2005 (the “NCA”) they seem almost identical, but one needs to look at the nature of the transaction to differentiate between the two.