Legal analysis
Rights and obligations of both parties to the contract: fully fulfill the obligations stipulated in the contract; And follow the principle of good faith, fulfill the obligation of informing, assisting and keeping secret; The rights enjoyed by the parties are those stipulated in the contract. For example, in the sales contract, the buyer has the right to obtain the goods, but needs to fulfill the obligation to pay the price; The seller has the right to obtain the price, but he must fulfill the obligation to transfer the ownership of the subject matter. Both parties shall fully perform their respective obligations in accordance with the agreement. The parties shall abide by the principle of good faith and fulfill the obligations of notification, assistance and confidentiality according to the nature, purpose and trading habits of the contract. During the performance of the contract, the parties shall avoid wasting resources, polluting the environment and destroying the ecology. The seller shall perform the obligation of delivering the subject matter to the buyer or delivering the documents for extracting the subject matter, and transfer the ownership of the subject matter. After the contract comes into effect, the parties have not agreed or clearly agreed on the quality, price or remuneration, place of performance, etc. They can supplement the agreement; If a supplementary agreement cannot be reached, it shall be determined in accordance with the relevant provisions of the contract or trading habits.
legal ground
People's Republic of China (PRC) Civil Code
Article 509 The parties shall fully perform their obligations as agreed. The parties shall abide by the principle of good faith and fulfill the obligations of notification, assistance and confidentiality according to the nature, purpose and trading habits of the contract. During the performance of the contract, the parties shall avoid wasting resources, polluting the environment and destroying the ecology.
Article 595 A sales contract is a contract in which the seller transfers the ownership of the subject matter to the buyer and the buyer pays the price.
Article 598 The seller shall perform the obligation to deliver the subject matter to the buyer or deliver the documents for accepting the subject matter, and transfer the ownership of the subject matter.
Article 626 The buyer shall pay the price in accordance with the agreed amount and payment method. Where there is no agreement or unclear agreement on the amount and payment method of the price, the provisions of Article 510 and Item 2 and Item 5 of Article 511 of this Law shall apply.