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The Key Issues in the Understanding and Application of Book Three Contracts in the Civil Code of the People’s Republic of China – An English Translation of the Chinese Article by Professor Wang Yi

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DOI: 10.23977/law.2022.010106 | Downloads: 19 | Views: 487

Author(s)

Yaoyu Liu 1

Affiliation(s)

1 Law School, Renmin University of China, Beijing, China

Corresponding Author

Yaoyu Liu

ABSTRACT

The Book Three Contracts of China's Civil Code implements the legislative purpose of ensuring transaction convenience. The types of contractual acts confirmed include effective contractual acts, absolutely invalid contractual acts, contractual acts that are invalid relative to a specific third party, contractual acts whose validity is pending, revocable contract acts, and contract acts that have not yet fully taken effect, etc. In judicial practice, it is necessary to accurately understand the meaning of the rules for determining the validity of contractual acts in the Civil Code to ensure the validity of the ruling.

KEYWORDS

Effective contracts, absolutely invalid contracts, contracts invalid with respect to a specific third party, contracts with pending validity, revocable contracts, contracts not yet fully effective.

CITE THIS PAPER

Yaoyu Liu, The Key Issues in the Understanding and Application of Book Three Contracts in the Civil Code of the People’s Republic of China – An English Translation of the Chinese Article by Professor Wang Yi. Science of Law Journal (2022) Vol. 1: 27-37. DOI: http://dx.doi.org/10.23977/law.2022.010106.

REFERENCES

[1] The Article is originally published in Chinese as Wang Yi. (2020). The key issues in the understanding and application of Book Three Contracts in the Civil Code of the People’s Republic of China. Journal of Law Application.

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