The basic terms of the contract are as follows: (1) The names and domiciles of the parties. (2) Subject matter. (3) Quantity. (4) Quality. (5) Price or remuneration. (6) Term of performance. (7) Place and method of performance. (8) Liability for breach of contract. (9) Dispute resolution method. The contract terms shall be clear, definite and complete, and shall not contradict each other. Otherwise, the formation, effectiveness and performance of the contract will be affected, as well as the purpose of concluding the contract. Therefore, it is important to accurately understand the meaning of the terms.
 Legal basis
 Article 470 of the Civil Code of the People's Republic of China The contents of a contract shall be agreed upon by the parties and generally include the following clauses:
 （1） The names and domiciles of the parties;
 （2） Subject matter;
 （3） Quantity;
 （4） Quality;
 （5） Price or remuneration;
 （6） Time limit, place and method of performance;
 （7） Liability for breach of contract;
 （8） Methods of dispute resolution.
 The parties may enter into a contract by reference to model versions of various contracts.