On Commercial Account And Cordial Credit

As a basic principle of civil commercial laws, cordial credit has many functions such as legislation, behavior rules, granting a judge the right to make his judgment according to his own wills, explaining and complementing laws. Commercial account is a product of commercial practice, and there is an inherent and inexorable relation between business activities and commercial accounts for the latter is significantly related to the balance of interests between investors, administrators, creditors, even the public. Commercial bodies, especially directors and top managers, often renounce the cordial credit principle through making false accounts, thus seriously damage the interests of shareholders, creditors, as well as the whole society. The thesis begins with the analysis of the origin and development of commercial account and the relationship between the two, dealing with the connections between commercial account and cordial credit, discussing various ways to reconstruct cordial credit in commercial accounts by perfecting the following systems: the compulsory honesty system among top administrators in commercial main bodies, the reporting and checking system of financial accounts, the protecting system of knowing-the-fact right for the main bodies in commercial activities, the revealing system of financial information for the companies on the market, the recording system of cordial credit, the appliance of the cordial credit system to the denying of the moral quality of the artificial person of a company.