IOUs belong to loan contracts, and misspelling the name when writing IOUs has legal effect. You can apply for change or cancellation.
According to Article 54 of the Contract Law of the People's Republic of China
, one party has the right to request the people's court or an arbitration institution to modify or cancel the following contracts:
(1) The contract was concluded due to gross misunderstanding;
(2) obviously unfair at the time of conclusion of the contract.
if one party leads the other party to conclude a contract against its true meaning by fraud, coercion or taking advantage of others' danger, the injured party has the right to request the people's court or arbitration institution to modify or cancel it.
the people's court or the arbitration institution shall not revoke the request of the parties.
Extended information:
At the same time, the General Principles of the Civil Law points out:
Article 84 A debt is a specific relationship of rights and obligations between the parties in accordance with the contract or the law. The obligee is the obligee, and the obligor is the debtor.
the creditor has the right to require the debtor to perform its obligations in accordance with the contract or the law.
article 88 the parties to a contract shall fully perform their obligations as stipulated in the contract.
if the quality, time limit, place or price stipulated in the contract are not clear, and cannot be determined according to the relevant terms of the contract, and the parties cannot reach an agreement through consultation, the following provisions shall apply:
1. If the quality requirements are not clear, they shall be implemented according to the national quality standards; if there is no national quality standards, they shall be implemented according to the usual standards.
2. If the time limit for performance is not clear, the debtor may perform the obligation to the creditor at any time, and the creditor may also request the debtor to perform the obligation at any time, but the other party shall be given necessary preparation time.
3. If the place of performance is not clear, if the payment is in cash, it shall be performed at the place where the party receiving the payment is located, and other targets shall be performed at the place where the party performing the obligation is located.
4. If the price agreement is unclear, the price stipulated by the state shall prevail; If there is no price stipulated by the state, it shall be performed with reference to the market price or the price of similar goods or the remuneration standard of similar services. Where the right to apply for a patent is not stipulated in the contract, the party who has completed the invention-creation shall enjoy the right to apply. If there is no agreement on the right to use scientific and technological achievements in the contract, all parties have the right to use them.
Baidu Encyclopedia-Contract Law
Baidu Encyclopedia-General Principles of Civil Law