1. Format For Writing Contract Amount

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Everyone is certainly familiar with contracts. When signing a contract, especially the figures involving amounts, be sure to read them clearly and fill them in both uppercase and lowercase letters. So what is the format for writing the contract amount? Below, the editor of Legal Express will introduce the relevant knowledge in detail, hoping it will be helpful to everyone.

1. Writing format of contract amount

For example: the total contract amount is US$12,000 (capital letters: RMB 10,020). The amount must be filled in Chinese capital letters or running script, such as one, two, three, four, five, six, seven, eight, nine, ten, one hundred, one thousand, ten thousand, billion, yuan, jiao, cent, zero, whole (positive) The words one, two (two), three, four, five, six, seven, eight, nine, ten, mao, and (or 0) are not allowed, and simplified characters are not allowed. If the amount is in traditional Chinese, it should also be accepted. The correct capitalization method of RMB should also pay attention to the following matters:

1. If the capital amount in Chinese capital is less than "yuan", the word "Zheng" (or "正") should be written after "Yuan"; the word "正" does not need to be written after the word "Jiao"; if the capital amount number has "fen" , do not write "全" (or "正") after "fen".

2. The fixed words "money, hundred, hour, ten thousand, money, hundred, hour, yuan, dime, cent" must not be pre-printed in the uppercase amount column of bills and settlement vouchers.

3. When "0" appears in the amount of lowercase Arabic numerals, it should be written in Chinese capitals in accordance with Chinese writing rules, amount composition and requirements to prevent alteration.

2. What should I do if the contract amount is wrong?

If there is an error in the contract amount, both parties can negotiate and correct it. A contract is an agreement between parties to establish, change or terminate a civil relationship. Contracts established in accordance with the law are protected by law. A contract in a broad sense refers to an agreement that determines the rights and obligations of various legal departments. Contracts in the narrow sense refer to all civil contracts. There is also a contract in the narrowest sense, which only refers to the creditor's rights contract in civil contracts. The contract amount refers to the total transaction volume of pre-sale commercial housing registered and filed with the municipal and county real estate management departments during the reporting period. It also refers to the amount stipulated in the contracts signed with foreign investors when my country's foreign contracting labor service enterprises carry out foreign contracting projects, foreign labor service cooperation, and foreign design consulting services. Its caliber is the same as the contract quantity.

3. If the contract amount is wrong, the contract can be canceled.

Can be revoked. The scope of a voidable contract should be limited to contracts where the intention is untrue. The contract mainly has the following three aspects:

1. A contract concluded due to a major misunderstanding. The so-called "major misunderstanding" refers to the perpetrator's misunderstanding of the nature of the behavior, the other party, the variety, quality, specifications, and quantity of the subject matter, etc., resulting in the consequences of the behavior. Go against your true intentions and cause more harm. Any loss can be regarded as a major misunderstanding.

2. There was unfairness when signing the contract. According to our country’s judicial interpretation, obvious unfairness refers to a civil act in which one party takes advantage of the situation or takes advantage of the other party’s inexperience, causing the rights and obligations of both parties to obviously violate the principles of fairness and equivalence. To compensate.

3. Contracts concluded by means of fraud, coercion or taking advantage of danger. A contract concluded under circumstances of fraud or coercion clearly violates the principle of voluntariness in my country's civil law: a contract signed by one party on the grounds that the other party is in danger forces the other party to make an untrue expression of intention in order to preserve its interests. Seeking illegitimate benefits seriously violates the principle of voluntariness in my country's civil law. If it harms the interests of the other party, it will be used to enter into a contract that takes advantage of others.

The above is the legal knowledge about "contract amount writing format" and other related legal knowledge compiled and introduced by the editor of Legal Express. Please note that if there is an error in the contract amount, both parties can negotiate and correct it. If you have other legal questions, please feel free to consult Legal Express and we will have professional lawyers to help you.

标签: #Contract Management #Legal #Legal Express #Big Misunderstandings

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