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1、CONTRACTLAWOFP.R.CHINAAdoptedandPromulgatedbytheSecondSessionoftheNinthNationalPeople‘sCongressonMarch15,1999.Translated&CompiledbyJohnJiang&HenryLiuGENERALPRINCIPLESChapterOne:GeneralProvisionsArticle1PurposeThisLawisformulatedinordertoprotectthelawfu
2、lrightsandinterestsofcontractparties,tosafeguardsocialandeconomicorder,andtopromotesocialistmodernization.Article2DefinitionofContract;ExclusionsForpurposesofthisLaw,acontractisanagreementbetweennaturalpersons,legalpersonsorotherorganizationswithequals
3、tanding,forthepurposeofestablishing,altering,ordischargingarelationshipofcivilrightsandobligations.Anagreementconcerninganypersonalrelationshipsuchasmarriage,adoption,guardianship,etc.shallbegovernedbyotherapplicablelaws.159/159Article3EqualStandingofP
4、artiesContractpartiesenjoyequallegalstandingandneitherpartymayimposeitswillontheotherparty.Article4RighttoEnterintoContractVoluntarilyApartyisentitledtoenterintoacontractvoluntarilyunderthelaw,andnoentityorindividualmayunlawfullyinterferewithsuchright.
5、Article5FairnessThepartiesshallabidebytheprincipleoffairnessinprescribingtheirrespectiverightsandobligations.Article6GoodFaithThepartiesshallabidebytheprincipleofgoodfaithinexercisingtheirrightsandperformingtheirobligations.Article7LegalityInconcluding
6、orperformingacontract,thepartiesshallabidebytherelevantlawsandadministrativeregulations,aswellasobservesocialethics,andmaynotdisruptsocialandeconomicorderorharmthepublicinterests.Article8BindingEffect;LegalProtectionAlawfullyformedcontractislegallybind
7、ingonthe159/159parties.Thepartiesshallperformtheirrespectiveobligationsinaccordancewiththecontract,andneitherpartymayarbitrarilyamendorterminatethecontract.Alawfullyformedcontractisprotectedbylaw.ChapterTwo:FormationofContractsArticle9Capacity;Contract
8、throughAgentInenteringintoacontract,thepartiesshallhavetheappropriatecapacitiesforcivilrightsandcivilacts.Apartymayappointanagenttoenterintoacontractonitsbehalfunderthelaw.Article10FormsofContract;WritingRequirementAcontractmaybemadeina
