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| 0755-33581151 |
Qinjiang Ceramics Co.,ltd.
Detailed Address: 15F,Zhantao Tech-Building,Shenzhen,China
Phone: 0755-33581151
Fax Number: 4008-226163转01938
Mobile: 13808850831
E-mail: chinaqj@chinaqj.com
Url: www.chinaqj.com
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If we had signed a contract, can i pay no deposit?
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| Update Time：2011.12.16 Views： |
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No.
Deposit means the parties to the contract to ensure performance of the contract by the other party in advance to pay a certain amount of money. "Contract Law" 115th provides that "the parties can follow deposit of the party does not perform the agreed debt obligations, no right to demand return of the deposit; the party accepting the deposit does not perform the agreed debt obligations, should be double the return of the deposit. "This is what we usually say that the deposit penalties. "Guarantee Law of the PRC," the ninth 10 provides that "the deposit shall be agreed in writing. The parties agreed in the deposit contract shall deliver the deposit deadline. Deposit contract the actual delivery date of deposit."
So from a legal point of view, the deposit has a dual nature
First, it can be used as security contract to ensure contract performance.
Secondly, it can play a role in the contract that set up. |
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