1. Does the letter of commitment have legal effect?
1. The letter of commitment is actually a type of contract and has legal effect. Only a letter of commitment that expresses the true will of the parties and does not violate any relevant legal provisions or infringe upon the interests of others will be considered valid and will be protected by the law.
2. Legal basis: Article 137 of the "People's Republic of China and Civil Code"
When the other party knows the content of the expression of intention made through dialogue, Take effect.
The expression of intention made in a non-conversational manner takes effect when it reaches the counterparty. An expression of intention in the form of a data message made in a non-conversational manner. If the counterparty designates a specific system to receive the data message, the data message will take effect when the data message enters the specific system; if the specific system is not designated, the counterparty knows or should know that the data message enters the system. It takes effect on the system. If the parties have other agreements on the effective time of the expression of intention in the form of data messages, such agreement shall prevail.
2. What conditions must be met for a valid letter of commitment
1. Reflection of the true wishes of the parties. The content of the commitment letter should be the expression of the true inner meaning of the parties and cannot be forced, threatened, induced, deceived, etc.;
2. There is no violation of relevant legal provisions. The content of the commitment letter must comply with the provisions of the law and must not violate the prohibitive provisions of laws or administrative regulations, otherwise the commitment letter may be invalid;
3. It does not infringe the interests of others. The promisor can only dispose of things that he has the right to dispose of, and cannot infringe on the legitimate interests of others. ?