Civil Liability for Default of Electronic Contracts in Fintech Lending Agreements
- DOI
- 10.2991/978-2-38476-024-4_10How to use a DOI?
- Keywords
- Fintech Lending; Liability; Default; Electronic Contracts
- Abstract
Fintech Lending in Indonesian regulations, known as Information Technology-Based Co-Financing Services is experiencing rapid development due to the use of information technology in the funding system. These developments do not necessarily have a positive impact but also a negative one, such as causing losses to the funder due to the risk of default by the fund recipient. Based on this, a problem formulation was found: civil liability for electronic contract defaults in fintech lending. This writing uses a normative juridical method with a statutory approach. The study’s results using the above method show that the borrower is responsible based on the principle of absolute responsibility (strict liability).
- Copyright
- © 2023 The Author(s)
- Open Access
- Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.
Cite this article
TY - CONF AU - Megawati Barthos PY - 2023 DA - 2023/04/19 TI - Civil Liability for Default of Electronic Contracts in Fintech Lending Agreements BT - Proceedings of the International Conference On Law, Economics, and Health (ICLEH 2022) PB - Atlantis Press SP - 74 EP - 81 SN - 2352-5398 UR - https://doi.org/10.2991/978-2-38476-024-4_10 DO - 10.2991/978-2-38476-024-4_10 ID - Barthos2023 ER -