laitimes

Civil Code Small Class - Lecture 33 Can a child borrow money and agree that it will be repaid by the parents?

author:Keqi Inspectorate

Video loading...

Provisions of the Civil Code

Third party performance of the contract

Article 465 Contracts formed in accordance with law shall be protected by law. A contract formed in accordance with law shall be legally binding only on the parties, unless otherwise provided by law.

Article 523 Where the parties agree that a third party shall perform a debt to the creditor, and the third party fails to perform the obligation or the performance of the debt does not conform to the agreement, the debtor shall bear the liability for breach of contract to the creditor.

Read on