APPLICATION THE PRINCIPLE OF GOOD FAITH IN FORCE MATTERS BETWEEN CREDITORS AND DEBTORS IN FOUR-WHEEL VEHICLE FINANCING AGREEMENTS

Authors

DOI:

https://doi.org/10.18623/rvd.v23.n4.4416

Keywords:

Principle of Good Faith, Force Majeure, Financing Agreement

Abstract

The principle of good faith implies that every party involved in negotiating an agreement is obliged to disclose all material information that may influence the other party’s consent to the agreement. However, until now there are still many creditors who do not comply with the provisions that have been set by the Government related to the existence of Force Majeure which makes it difficult for debtors to carry out their obligations, so that it can potentially incur late fines. This research employs a normative juridical research methodology. The analysis is based entirely on secondary data obtained through documentary research. These sources include primary legal instruments, scholarly legal literature, and supporting reference materials that function as tertiary legal sources.

References

Aminah. (2020). The Impact of the Covid-19 Pandemic on the Implementation of Agreements. Diponegoro Private Law Review, 7(1).

Anonymous. (2021). Default in Maritime Transportation Agreement. Quarterly Journal of Legal Research, 6(2).

Baneftar, F. (2020). Default in Bank Credit Agreements with Land Certificates Collateral Reviewed by Law Number 4 of 1996. Kyadiren Journal of Legal Studies, 5(1).

Diantha, M. P. (2016). Normative Legal Research Methods in Justifying Legal Theory. Prenada Media Group.

Hauliani, C. M., & others. (2022). Factors Causing Default in E-Commerce Transactions. Jurnal Privat Law, 10(2).

Hermansyah. (2008). Indonesian National Banking Law. Kencana Prenada Media.

Hernawan, A. (2012). The Balance of Rights and Obligations of Workers and Employers in Strikes. Jurnal Mimbar Hukum, 24(3).

Hetharie, Y. (2019). Nominee Agreements as a Means of Controlling Land Ownership Rights by Foreign Nationals. SASI Journal, 25(1).

Kunarso, K., & Sumaryanto, A. D. (2020). The Existence of Agreements Amid the Covid-19 Pandemic. Batulis Civil Law Review, 1(1).

Limpele, M. M. (2017). Credit Agreement with Guarantee of Ownership Rights to Land and Buildings. Lex Crime, 6(2).

Nuraini, H., Dauri, A., T. H., & Andreas, R. (2020). Interpretive Paradigm of the Concept of Abuse of Circumstances (Misbruik Van Omstandigheden) in Banking Credit Agreements. Journal of Legal Studies, 4(2).

Panggabean, H. P. (2008). The Role of the Supreme Court Through Decisions on Contract Law. Alumni.

Panggabean, S. A., & others. (2022). Online Buying and Selling from the Perspective of Islamic Law and State Law. Journal of Economics and Sharia Economics, 5(2).

Pramono, S. B., & others. (2023). Consumer Legal Protection in Online Goods Purchase Transactions in Indonesia. Journal of Law Education and Business, 1(2).

Setiawan, I. K. O. (2016). Contract Law. Sinar Grafika.

Solim, J., & others. (2019). Efforts to Combat Criminal Acts of Fraud on Online Buying and Selling Sites in Indonesia. Samudra Keadilan Law Journal, 4(1).

Subekti, R. (2016). Principles of Civil Law. PT Intermasa.

Sunandar, T. (2004). Unidroit Principles as a Source of Contract Law and Dispute Resolution. Sinar Grafika.

Sutarno. (2004). Legal Aspects of Banking in Banks. Alfabeta.

Taun, T., & Nugraha, A. (2020). Application of Law in Termination of Employment and Bank Policies Towards Debtors Affected by Covid-19. Batulis Civil Law Review, 1(1).

Wiryawan, I. W. G. (2020). Urgency of Employment Protection Regulation for Online Transportation Driver. Sociological Jurisprudence Journal, 3(1), 34–42. https://doi.org/10.22225/scj.3.1.1319.34-42

Downloads

Published

2026-02-17

How to Cite

Aruan, A. (2026). APPLICATION THE PRINCIPLE OF GOOD FAITH IN FORCE MATTERS BETWEEN CREDITORS AND DEBTORS IN FOUR-WHEEL VEHICLE FINANCING AGREEMENTS. Veredas Do Direito, 23(4), e234416. https://doi.org/10.18623/rvd.v23.n4.4416