First, the difference between IOUs and IOUs
1. IOUs prove the loan relationship and IOUs prove the debt relationship. Borrowing is definitely arrears, but arrears are not necessarily loans.
2. The reason for the formation of IOUs is the specific borrowing facts. There are many reasons for the formation of IOUs, which can be based on various facts, such as IOUs caused by buying and selling, IOUs caused by labor services, IOUs caused by enterprise contracting, IOUs caused by damages and so on.
3, the people's court to review the legality of the applicable law is different.
Second, what is the correct way to write IOUs?
(1) title. The title of IOU is generally composed of language names, that is, the word "IOU" is written in large font at the top and middle of the text. Some people write the words "temporarily owed" or "now owed" in this position as the title, but the text of this title is written in the top box of the next line.
(2) the text. The subject of the IOU should write down what the person or unit owes, what it owes and how much it owes, and indicate the repayment date.
(3) signature. Signature should be accompanied by the name of the owed unit and the personal signature of the handler, and the personal name of the owed party should be attached to the debit note issued by the individual. Meanwhile, the date of signing the debt. Units should build official seals and individuals should build private seals.
Three. Matters needing attention in writing IOUs
1. The IOU is a voucher to pay or demand the arrears, so don't scribble when writing the IOU. At the same time, the white bars should be well preserved to prevent them from being lost.
2. IOU is a kind of loan certificate in people's daily communication, which is generally not legally binding. So when necessary, you can go through certain legal procedures to prevent future troubles.
3. The IOUs must be legible and cannot be altered. In case of change, the changing party shall affix the official seal (private seal) or personal signature at the change place.
Legal basis:
civil law
Article 675
The borrower shall repay the loan within the agreed time limit. If the term of the loan is not agreed or clearly agreed, and cannot be determined according to the provisions of Article 510 of this Law, the borrower may return it at any time; The lender may urge the borrower to return it within a reasonable period of time.