02 Apr Business as usual?
We’ve all seen the words “business days” in our agreements, either in our loan, sale or other credit agreements. It’s mostly used as the timeframe in which a debtor has to rectify a breach of contract, in most cases, payment of an outstanding amount due in terms of a contract. The National Credit Act governs these credit agreements. With the lockdown, we however ask ourselves, is it still business as usual?...