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Academic Journal of Business & Management, 2019, 1(1); doi: 10.25236/AJBM.190105.

The Connotation of the Principle of Honesty and Trustworthiness in Civil and Commercial Law and the Way to Improve it

Author(s)

Li Chu Han1, Tong Xin Xin2, *

Corresponding Author:
Tong Xin Xin
Affiliation(s)

1. Department of: Yangtze University, Social sports guidance and management (college of physical Education), City Province: Hubei jingzhou city, ZipCode: 434000, China
2. Department of: Jingzhou Ecological Environment Bureau, Legal Section of Supervisory Detachment, City Province: Hubei jingzhou city, ZipCode: 434000, China
409484893@qq.com

Abstract

Since the reform and opening up, enterprises have entered the stage of equal competition, relying on the environment of market economy for production and operation. At this stage, the government's macro-control is mostly based on the development of the overall economy, instead of interfering in the fierce competition among enterprises, which results in some enterprises using bad means to obtain profits. This trend has seriously affected the development of domestic market economy. Honesty and trustworthiness have become an important principle of transactions in the 21st century. Scholars in civil and commercial law regard honesty and trustworthiness as the primary principle. This paper explores the importance of the principle of honesty and trustworthiness for civil and commercial law and the analysis of the way to improve it when the market economy develops to a certain height, hoping that it will be helpful for the scholars in the industry to study the relevant content.

Keywords

Civil and Commercial Law; Honesty and Credit; Improvement Path

Cite This Paper

Li Chu Han, Tong Xin Xin. The Connotation of the Principle of Honesty and Trustworthiness in Civil and Commercial Law and the Way to Improve it. Academic Journal of Business & Management (2019) Vol. 1: 30-34. https://doi.org/10.25236/AJBM.190105.

References

[1] Ye Xin. The Connotation of the Principle of Good Faith in Civil and Commercial Law and the Effective Way to Improve it [J]. Legal Exposition, 2019 (08): 259.
[2] Zhang Lei. The Connotation of the Principle of Good Faith in Civil and Commercial Law and the Way to Improve it [J]. Modern Communication, 2017 (07): 63.