VIEWS ON CONTRACT

Questions need urgently to be discussed and reviewed theoretically emerging from the abrupt turning from abandonment of contract in the past to the present contract heat. A contract holds its value and functions. However, it also has certain limits and disadvantages. The limits are the main facts restricting contract value and the disadvantages are the expression of the negative value of a contract. By looking the contract limits and disadvantages in the face, making proper understanding of their relations with the contract value, making efforts to create a fair social, economic and legal environment, abiding by the general rules of the contract legislation, and perfecting the Contract Law,the ancient contract system can be full of vigor and life in modern times.