Selected Regulations Related to the Contract Law

Author: Legal Publishing House Regulations Center
Publisher:
Publish Date: 2005-05-01
Features: The Selected Regulations Series is a compact and practical collection of laws, designed to help ordinary citizens and legal students solve real-world problems and conveniently find relevant legal authorities while studying related courses. The series selects commonly used laws closely related to daily life and teaching, using them as the core, and organizes laws and regulations that are associated with them into categories. The series features are as follows:
1. The main core regulations in each volume are supplemented with guiding principles, which are clearly marked in the table of contents, allowing readers to quickly grasp the legal issues addressed by the core regulations through the table of contents.
2. The associated regulations provide in-depth and detailed provisions on specific aspects of the main core regulations. The series categorizes the associated regulations, making their relationship with the main core regulations clear at a glance, facilitating readers' searches.
3. The series adopts a double-column layout, which not only facilitates reference but also increases content volume, offering readers tangible benefits.
4. Each volume selectively includes a preface or other important regulations directory to provide further guidance for readers.
The Contract Law summarizes the experiences and shortcomings of previous contract legal norms, based on the fundamental principles of the Contract Law, drawing on the legislative practices across the country, and combining China's specific national conditions. It establishes a unified market transaction rule, firmly abandoning the previous three contract laws, with a spirit of while maintaining moderate foresight. For example, it abolished the previous distinction between domestic and foreign regulations, applying the same legal rules to both domestic and foreign contracts; it also eliminated the unscientific classification of economic and non-economic contracts, making both subject to the same provisions.
The Contract Law also clarifies existing legal rules, striving to form a more complete and systematic contract legal system. For instance, it establishes the offer and acceptance system to determine whether a contract is formed; it defines the three types of rights for contract parties, enabling them to achieve self-protection; it also establishes the preservation system for contracts, allowing creditors to safeguard their legitimate rights and interests through subrogation and revocation. These achievements have established the Contract Law's core position in China's contract legal norm system.