Study On The Final Accounts Of The Maximum Quota Guarantee Contract

The law of the highest quota contract of our country is used to ensure that the purpose of is mainly to enhance the efficiency of commodity trading and capital circulation. The law of the highest quota contract is based on our country’s Guarantee contract which just to pay off part of the debt. In addition, the law of the highest quota contract also absorbed the common law countries and civil law countries of the legislative provisions. It has a very wide range of application. However, due to its final problem, it can’t be perfect. There are three main issues. The first is the lack of laws to determine primary debt. The second is the lack of rules determining during primary debt. Third is the lack of the law to determine the scope of the guarantee. These problems harm the interests of the parties to the contract. This article through to our country different legislative modes of the old and the new change and the direction of the national legislation comparison, combining the characteristics of the law of the highest quota contract, the creditor for the law of the highest quota contract final accounts of the contract, the reason should be added sound; To finally determine the final accounts of should be the statutory scope of the agreement, and combine the characteristics of the creditors’ rights, allow the liability for guaranteeing the contract.