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l reach the offeror within a reasonable period of time.Article 24 If an offer is made through a letter or a telegram, the time limit for acceptance mences on the date shown on the letter or on the date the telegram is handed in for dispatch or, if no such date is shown on the letter, from the date shown by the postmark of the letter. If an offer is made by means of instantaneous munications such as telephone or facsimile, the time limit for acceptance mences at the moment that the offer reaches the offeree.Article 25 A contract is executed at the time when the acceptance bees effective.Article 26 The acceptance bees effective when the acceptance notice reaches the offeror. If an acceptance needs no notice, it bees effective when an act of acceptance is performed in light of trade practices or as indicated by the offer.Where a contract is made in the form of text in electronic data, the provisions of Paragraph 2, Article 16 of this Law shall be applicable to the time of arrival of the acceptance.Article 27 An acceptance may be withdrawn. The withdrawal notice of the acceptance shall reach the offeror before or at the same time as the acceptance notice reaches the offeror.Article 28 If the offeree makes an acceptance beyond the time limit for acceptance, it shall constitute a new offer unless the offeror notifies the offeree in time that the acceptance is effective.Article 29 If an offeree makes within the time limit for acceptance an acceptance that could reach the offeror in time under normal conditions but happens to reach the offeror beyond the limit due to other reasons, the acceptance shall be effective notwithstanding unless the offeror notifies the offeree in time that the acceptance is denied due to its delayed arrival.Article 30 The content of an acceptance shall be consistent with the content of the offer. If the offeree proposes any substantial change to the content of the offer, it shall constitute a new offer. Changes related to the targeted matter, quantity, quality, price or remuneration, duration of fulfillment, place and mode of fulfillment, liability for breach of contract and method of dispute settlement in a contract are substantial changes to the content of an offer.Article 31 If an acceptance makes nonsubstantial changes to the content of the offer, the acceptance shall be effective notwithstanding and the content of the contract shall thus be based on the content of the acceptance, unless the offeror indicates in time its objection thereto, or as indicated in the offer, the acceptance may not make any change to the content of the offer.Article 32 If the parties enter into a contract in the form of a contract instrument, the contract is executed at the time when both parties put their signatures or affix their seals thereto.Article 33 If the parties enter into a contract in the form of letter or text in electronic data or any other forms, a confirmation instrument may be required prior to the execution of the contract. The contract is executed at the time when the confirmation instrument is signed.Article 34 The place where the acceptance bees effective shall be the place where the contract is executed.Where a contract is made in the form of text in electronic data, the receiver39。 and(8) dispute settlement.The parties may make contracts with reference to various model contract forms.Article 13 The parties shall, in making a contract, take the form of offer and acceptance.Article 14 An offer is an intent indication showing the desire to enter into a contract with others, and the intent indication shall conform to the following provisions:(1) the content indicated shall be concrete and definite。s Congress on March 15, 1999 and promulgated by Order No. 15 of the President of the People’s Republic of China on March 15, 1999)ContentsGeneral ProvisionsChapter I Common ProvisionsChapter II Making of the ContractChapter III Validity of the ContractChapter IV Fulfillment of the ContractChapter V Modification and Transfer of the ContractChapter VI Termination of Rights and Obligations under the ContractChapter VII Liability for Breach of ContractChapter VIII Miscellaneous Provisions Specific ProvisionsChapter IX Purchase and Sale ContractsChapter X Contracts for the Supply and Consumption of Electricity, Water, Gas or HeatChapter XI Donation ContractsChapter XII Loan ContractsChapter XIII Lease ContractsChapter XIV Contracts for Financial LeaseChapter XV Work ContractsChapter XVI Construction Project ContractsChapter XVII Carriage ContractsChapter XVIII Technology ContractsChapter XIX Contracts of DepositChapter XX Warehousing ContractsChapter XXI Entrustment ContractsChapter XXII Brokerage ContractsChapter XXIII Intermediation ContractsSupplementary ProvisionsGeneral ProvisionsChapter I Common ProvisionsArticle 1 This Law is enacted for the purpose of protecting the legitimate rights and interests of the parties to contracts, maintaining the socioeconomic order and promoting the socialist modernization.Article 2 For the purpose of this Law, a contract means an agreement on the establishment, alteration or termination of a civil rightobligation relationship between natural persons, legal persons or other organizations as subjects with equal status.Agreements on establishing such personal relationships as marriage, adoption and guardianship shall be governed by the provisions of other laws.Article 3 The parties to the contract have equal legal status, and neither party may impose its will on the other.Article 4 The parties shall, pursuant to law, have the right to enter into a contract on their own free will, and no unit or person may unlawfully interfere.Article 5 The parties shall observe the principle of equity in defining each other39。(3) quantity。s systems shall be the time of arrival.Article 17 An offer may be withdrawn. The withdrawal notice of an offer shall reach the offer