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Does the receipt have legal effect?
A note written to the sender as evidence after receiving the money or things handed in is called a receipt. A complete receipt includes title, text, signature and time. Receipts with complete contents and contents and forms that meet the requirements of the law have legal effect. Generally speaking, a receipt should include five elements: payer, consignee, reason for delivery, delivery content and delivery time. When the above five essential elements of the receipt are complete, it will take effect when the payee signs and seals it.
A "receipt" is generally accompanied by a basic contract, which can be a sales contract, a contract, a transportation contract, etc. The legal effects of IOUs and receipts are different. The purpose of IOUs is to confirm a loan contract relationship that has been unilaterally performed. When borrowing money, you must type an IOU, and you can't use a receipt instead. IOU is a simplified loan contract, and its legal consequence is that the creditor-debtor relationship is established between the parties. The borrower shall return the loan or articles to the lender as agreed, otherwise it will bear the corresponding liability for breach of contract.
Legal basis: Article 143 of the Civil Law of People's Republic of China (PRC) is valid for civil juristic acts that meet the following conditions: (1) The actor has corresponding capacity for civil conduct; (2) the meaning is true; (three) does not violate the mandatory provisions of laws and administrative regulations, and does not violate public order and good customs. Provisions of the Supreme People's Court on Several Issues Concerning the Application of Laws in the Trial of Private Lending Cases Article 15 If the plaintiff files a private lending lawsuit only with the creditor's rights certificates such as IOUs, receipts and IOUs, and the defendant argues that the loan has been repaid, the defendant shall provide evidence to prove his claim. After the defendant provides corresponding evidence to prove his claim, the plaintiff should still bear the burden of proof for the existence of the loan relationship. If the defendant's defense loan behavior has not actually occurred and can make a reasonable explanation, the people's court shall comprehensively judge and verify whether the loan fact has occurred by combining the facts and factors such as the amount of loan, the delivery of money, the economic ability of the parties, the local or inter-party transaction methods, trading habits, the changes in the property of the parties, witness testimony, etc.
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