Traditional Culture Encyclopedia - Hotel accommodation - Is it reasonable to book a hotel without a refund?
Is it reasonable to book a hotel without a refund?
Legal basis: People's Republic of China (PRC) Labor Contract Law.
Article 115 The parties may, in accordance with the Guarantee Law of People's Republic of China (PRC), stipulate that one party shall pay a deposit to the other party as a guarantee for the creditor's rights. After the debtor performs the debt, the deposit shall be used as the price or recovered. If the party paying the deposit fails to perform the agreed debt, it has no right to demand the return of the deposit. If the party receiving the deposit fails to perform the agreed debt, it shall return the deposit twice.
Article 116 Where the parties have agreed on both liquidated damages and deposit, if one party breaches the contract, the other party may choose to apply the liquidated damages or deposit clause.
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