On Installment Selling System

With the development of human society, the rapid growth of economy, in advanced countries, about half of consumers are willing to pay in installment. Installment selling exerts great influence on modern life. Modern installment selling began in early 1800s and later played an important role in Germany, Britain, America and Japan. Installment selling system evolved from traditional reservation of ownership installment selling to circulating fund installment selling then to modern credit installment selling form. Installment system has some unique features and practical value, which common transactions do not have and it can be beneficial to purchasers and sellers as well as social economic growth. How to regulate it has become a common concern of countries all over the world.The whole thesis consists of three parts: the introduction, the body and the conclusion. The body of the thesis discusses five questions:Question 1: discussion of the concept of installment selling. Through discussing the concept of research objective, this part analyzes the nature of reservation of ownership in installment selling, holding that'guarantee of right said'can better reflect the nature of reservation of ownership in installment selling.Question 2: the origin of installment selling system and relevant legislations in some countries. The development and evolution of installment selling is closely related to the system of reservation of ownership all the time. This part, through introducing the developing process and the results of legislation of installment selling system (especially the system of reservation of ownership) in such advanced countries as Germany, Japan, Britain and America and the present situation of installment selling system in China, attempts to find the special law of the development of installment selling system in China.