According to the General Principles of Civil Law of People's Republic of China (PRC) and Article 84 of the General Principles of Civil Law, debt is a specific relationship of rights and obligations between the parties according to the provisions of 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 according to law.
Article 88 The parties to a contract shall fully perform their contractual obligations. If the quality, time limit, place or price agreed in the contract are unclear and cannot be determined according to the relevant provisions 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, it shall be implemented according to the national quality standards; If there is no national quality standard, the usual standard shall prevail.
2. If the time limit for performance is not clear, the debtor may perform its obligations to the creditor at any time, and the creditor may also require the debtor to perform its obligations at any time, but the other party shall be given the necessary preparation time.
3. Where the place of performance is unclear, if the payment is made in currency, 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, the price agreement is not clear, in accordance with national price regulations; Where the state does not stipulate the price, it shall be implemented with reference to the market price or the price of similar goods or the remuneration standard of similar services. If the right to apply for a patent is not stipulated in the contract, the party who 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.
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"Several Provisions on Publishing the Information of the List of Persons Executed in Breach of Trust" Article 1 If the person subjected to execution fails to fulfill the obligations specified in the effective legal documents and has any of the following circumstances, the people's court shall include him in the list of persons executed in breach of trust and impose credit punishment on him according to law:
(1) Having the ability to perform and refusing to perform the obligations specified in the effective legal documents;
(2) Obstructing or resisting execution by forging evidence, violence or threats;
(3) evading execution by means of false litigation, false arbitration or concealing or transferring property;
(4) Violating the property reporting system;
(5) Violating the consumption restriction order;
(6) refusing to perform the settlement agreement without justifiable reasons.
Baidu Encyclopedia-General Principles of Civil Law in China