Contracts play a crucial role in our daily lives, and understanding the basic principles of contract law is essential for protecting your rights. Let’s explore some key principles under contract law with the help of Sun Shuxiao, a lawyer specializing in this field!

Firstly, the principle of equality ensures that both parties have equal status during the formation of contracts. This means no party can impose their will on another unfairly. 📝 Secondly, the principle of voluntariness emphasizes that all agreements must be made willingly without coercion or deception. Both sides should agree to the terms freely. 💼 Thirdly, the principle of good faith requires honesty and fairness throughout the contract process. Parties must act sincerely and not mislead one another. Lastly, the principle of legality insists that all contracts comply with laws and regulations. Contracts involving illegal activities are invalid.

Understanding these principles helps ensure fair and lawful transactions. If you encounter issues, consulting a professional like Mr. Sun can provide clarity and protection. 🚀