Unilateral issuance of IOUs or IOUs is a civil legal act of both parties, because IOUs or IOUs are issued by one person, but both IOUs and IOUs indicate the existence of creditor's rights and debts. A loan contract is a contract in which the borrower borrows money from the lender, repays the loan at maturity and pays interest.

Legal objectivity:

Article 667 of the Civil Law of People's Republic of China (PRC) is a loan contract in which the borrower borrows money from the lender, repays the loan at maturity and pays interest. Article 668 of the Civil Code of People's Republic of China (PRC) A loan contract shall be in written form, unless otherwise agreed between natural persons. The contents of a loan contract generally include terms such as loan type, currency, purpose, amount, interest rate, term and repayment method. Article 669 of the Civil Code of People's Republic of China (PRC) concludes a loan contract, and the borrower shall provide the true information about the business activities and financial status related to the loan according to the requirements of the lender.