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What is the liability for invalidating the contract?

2020/1/10 10:52:48

Company A wants to purchase a batch of raw materials to make finished products for sale. The general manager of Company B and the chairman of Company A have always been in bad blood. Company B wanted to destroy the business of Company A. Therefore, Company B deliberately negotiated with the purchasing department of Company A and finally signed a c

When signing a contract, one party conceals important facts. Is the contract valid?

2020/1/10 10:52:48

If the contract violates laws or damages the interests of the state, the contract shall be invalid; Otherwise, such a contract is an alterable or voidable contract. According to the provisions of the contract law, one party conceals material facts when signing a contract. If such concealment causes the other party to sign the contract under misund

The parties have not signed a written contract. Is the transaction valid?

2020/1/10 10:52:48

It depends on the specific situation. If the law requires a written contract to be signed, the transaction is invalid if no written contract is signed, such as a housing contract, a construction contract, etc. If the law does not require a written contract, an oral agreement is also valid, such as a furniture purchase contract, a fabric purchase c

The buyer and the seller have not agreed on the time of payment. What if the buyer refuses to pay?

2020/1/10 10:52:48

In the absence of an agreed time for payment, the creditor may demand payment from the defaulting party at any time. If the buyer and the seller do not agree on the payment time in advance, both parties can negotiate on this issue. If no agreement can be reached through negotiation, the time of payment may be determined according to the transactio

What if the quality is not agreed?

2020/1/10 10:52:48

If there are no national standards or trade standards, they shall be implemented according to the customary standard or specific standards conforming to the purpose of the contract. If the seller and the buyer do not agree on the quality of the goods in advance, both parties can negotiate on the quality issue. If no agreement can be reached throug

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