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Regulations of the Dalian Economic and Technological Development Zone on Economic Contracts with Foreign Elements (1)

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t between them.
 @@  Article  6.  Disputes  arising  over  contracts  shall  be
settled with reference  to  general  legal principles acceptable to
both parties if there are  no stipulations governing the disputed
matters in the laws applicable to contracts.
CHAPTER II ESTABLISHMENT AND EXECUTION OF CONTRACTS
 @@  Article  7. A contract is established if an agreement is
reached according  to law on the contract clauses in writing, but
contracts,  if  stipulated  to  be  subject to approval by the
Administrative  Committee  of  the development  zone  (hereinafter
referred to as the Committee), shall not be considered established
prior to approval.
 @@ Article 8. Contracts shall be signed by the competent parties,
their legal representatives or authorized agents.
 @@  Article  9.  If  contracts are signed by representatives or
agents, a power  of  attorney  shall  be given in advance by the
principals, and the representatives  or  agents  shall  sign the
contracts in the name of the principals within the authority.
 @@  Article  10. For simple contracts, an agreement may be reached
through correspondence, telegrams or telexes between the parties.
If a written confirmation is required by one party, contracts shall
not be established until the confirmation is signed.
 @@ Article 11. For offer-acceptance contracts, an offer that one
party (offeror)  sends to another party (offeree) becomes effective
at the time when it reaches the offeree. The offeror is bound by the
offer during the time period of acceptance of the offer.
 The  confirmation  for  the time period of acceptance of the offer
shall be indicated in the offer.
 @@  Article  12. The offer becomes invalid if no acceptance from the
offeree has been received by the time the offer expires.
 @@  Article  13.  The notices of withdrawal and alteration of the
offer is valid  provided  it  reaches  the offeree prior to the
dispatch of notice of acceptance of the offer by the offeree.
 @@  Article  14.  A  contract is established at the time when the
acceptance dispatched by the offeree reaches the offeror.
 Acceptance  beyond  the  time  period of the offer or not in
conformity with the offer is regarded as a new offer.
 @@  Article  15. The notice for withdrawing the acceptance by the
offeree is valid provided it reaches the offeror before or at the
same time as the acceptance is received.
 @@  Article 16. Relevant attachments and appendices to the contract
as are confirmed  therein  and  new  agreements  concerning  the
amendment  of  or supplement  to  the contract reached between the
contracting parties through consultation  after  the establishment
of  the contract shall all be constituent parts of the contract.
Relevant correspondence by the parties or other written docume

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