Research on the Statutory Termination of Third-party Interest Contracts

The third-party interest contract is not a typed contract, which breaks through the principle of relativity and enables third party to obtain benefits from it, major breakthrough in legislation Civil Code People's Republic China. However, practice, there are unclear subjects right rescind, rules for exercising legal effects. In this regard, it should be made clear that subject statutory rescission only parties does enjoy rescission, shall notified when liable termination reasons other than party, granted an independent litigation status protect its legitimate rights interests. Improve effectiveness system while improving China's system, promote economic development maintain social stability.