What are the differences between IOU and IOU? A comparative analysis of IOU and IOU
4hw.com.cn: I believe everyone has encountered borrowing money. In fact, whether you are an acquaintance or not, you should write an IOU or IOU for borrowing money. In this way, it is easy to divide responsibilities in case of disputes. Many friends don't know the difference between IOU and IOU? Let's have a look.
1. Different causes
The nature of IOU and IOU is different. The reasons for their formation are different. Borrowing is mainly due to borrowing, and the reasons for their formation are clear. Arrears may be caused by sales, leasing, interest and other reasons, and the cause is not clear.
2. Different nature
The IOU reflects the loan contract relationship between the parties. The IOU itself is the voucher of the loan contract. Behind each IOU is a loan contract; The IOU is a settlement result between the parties, reflecting the simple creditor's right and debt relationship between the parties.
3. Different probative force
When providing evidence, the legal probative force of debit note is greater than that of debit note. The holder of a debit note generally only needs to simply state the fact of the loan to the judge; The holder of the IOU must state the facts of the IOU to the judge. If the other party denies, the holder of the IOU must further prove the facts of the IOU, otherwise the court is likely not to support his claim.
4. Different limitation of action
If both the debit note and the IOU agree on the repayment time, the limitation of action of both the debit note and the IOU is 3 years; However, if there is no agreed repayment time between the debit note and the debit note, the limitation of action of the debit note is 20 years, and the limitation of action of the debit note is still 3 years.