A check can legally be used as collateral or a guarantee. However, if it bounces, a claim that it was given as a guarantee, not for payment, must be proven with a formal written agreement to avoid criminal liability.
Read Moreይህ ጽሁፍ በኢትዮጵያ ጠቅላይ ፍርድ ቤት ሰበር ሰሚ ችሎት የዋስትና መብትን በተመለከተ ከተሰጡ ቁልፍ ውሳኔዎች የተወሰዱ ዋና ዋና ነጥቦችን ያቀርባል። ውሳኔዎቹ የዋስትና መብት መነፈግ መቼ እና እንዴት ሊሆን እንደሚችል የሚያብራሩ ናቸው።
Read MoreEthiopia plans major tax reforms in 2025 to modernize its system and boost revenue. The changes will simplify administration and support economic growth.
Read MoreEthiopia has seen major legal changes in 2024-25, with new proclamations updating key sectors from land administration to trade.
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A recent binding legal interpretation by the Federal Supreme Court's Cassation Division clarifies who can be sued for a share of inherited property that has already been sold. This ruling protects good-faith buyers while redirecting claims to the seller.
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