Neutrosophic method for the evaluation of the reinstatement of the automotive mercantile trust

Abstract

This study aims to implement a neutrosophic method to evaluate the reinstatement of the automotive commercial trust in relation to the sales contract with retention of title and industrial pledge in the Commercial Registry of Ibarra Canton during the period 2014-2023. The functions of the Commercial Registry of Ibarra Canton are aimed at ensuring the authenticity, legality, and legal security of documents requiring registration, based on a regulatory framework that includes the Registry Law, the Organic Law of the National Public Data Registry System, the Commercial Code, and the Companies Law, among others. This study also examines the effects of the 2021 legal reform, specifically the provisions of the Organic Law for Economic Development and Fiscal Sustainability, which have impacted the legal field following the COVID-19 pandemic. These reforms have facilitated the reinstatement of the automotive commercial trust, weakening traditional contractual mechanisms such as the industrial pledge and the contract of sale with retention of title. Through a thorough legal analysis of these contractual modalities, we seek to identify their constituent elements, their enforcement mechanisms in the event of noncompliance, and the advantages they offer to both creditors and debtors, which will shed light on the legal and financial landscape in this context.