On The Legal Effects Of Inter-Enterprise Credit Contract

Recently, the Inter-Enterprise Credit has became populated from companies need more capital to back up its business developing in the competition environment more hardly, with finance system great changing and about a lot of loaning system not being founded in timely. But questions comes into being from this kind of loaning how to be confirmed and the effectiveness of the loaning how to be judged are of scholars of different viewpoints in theory and are all kinds of judicious judges in practice in China.Deriving from one common case, the writer educes out the title of article, through given the different determination for same case and same facts from the different judgments for Inter-Enterprise Credit by County Court and High Court of Justice.Firstly, how to define this kind of loan is submitted by the writer. It may be described that the loan in between two companies not banks or finance institutions. Both sides is to reach an agreement of Loan contract by written or verbal that part A lends money to part B and part B shall return the money and interest according to the promise of loan contract to part A. Writer will analyze the problem of In-Enterprise Credit and give writer's opinion.With a lot of the In-Enterprise Credit of phenomenon being exited in China and more and more populated, the reason is that currently available of Chinese finance system is hardly dislocation for real requirement of economic development of China. It shows the contradiction strongly that on the one hand a lot of funding is laid idle; on the other hand too many enterprises urgently need the money. Thereby, the above-mentioned contradiction is the root of the...