Contract Agreement Template

A proper understanding of the regulations on contract agreements stipulated in Chinese laws will help us to better handle contractual relations in our lives. As the product of acts endowed with civil legal liability, contracts require us to carefully account for the obligations that must be undertaken by both parties and the basic rights that we enjoy according to law.

Sometimes an agreement and a contract can also exchange identities, so they cannot be distinguished only on the surface of words, but should pay attention to their substantive content. If the agreement has a clear, specific, complete and detailed description of the contents of both parties' negotiations, and also accounts for the responsibility for breach of contract involved, then this "agreement" is essentially a "contract". Similarly, if the description in the contract is more general and not specific and does not involve the responsibility for breach of contract, then this "contract" is also an "agreement".