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What are terms & conditions?
What are terms & conditions & why should your business have them?
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How do I set up terms and conditions for my business?
Terms and conditions (also known as terms of trade), whether they apply to sales or services, are essential to your business as they set out the level of responsibilities that apply to you and your customers. They represent you either as a seller or a buyer and protect your rights.
Terms and conditions (T&Cs) are an essential agreement which set out the legal basis upon which businesses trade with their customers. They are used to protect intellectual property rights, limit or exclude liability and establish a contractual framework governing the relationship between a business and its customers or clients.
What are standard terms and conditions? Standard terms, terms of business, T&Cs. Although known by a variety of headings they all refer to the same thing and are essentially the basic provisions under which a company seeks to conduct its business. In this guide, we will refer to them as both T&Cs or Terms.
May 29, 2024 · Introduction. The business landscape, especially for small businesses, can often seem like a minefield. The key to navigating this successfully lies in establishing comprehensive standard terms and conditions (T&Cs). These T&Cs act as a compass, guiding the business relationship between you and your customers.
Apr 14, 2021 · What are terms & conditions (T&C), and why should your business have them? on 14th April 2021. In short, terms and conditions agreement (T&C) set out the rights and responsibilities of the provider of a service and the beneficiary/user of that service.
The purpose of a set of terms and conditions is to record what you have agreed, or to present the inflexible terms under which you will accept business, including those that: define the contract. set out business procedures. protect your business and your rights. limit your liability.
A terms and conditions agreement, also known as terms of service, is a legal document between a provider of a service and a website or app user. This document clarifies and provides boundaries, warranties, and contract principles that govern the relationship between the user and service provider.
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