This is a legal document that provides basic terms and conditions of an organization and its vital document for E-Commerce business and is extremely inviolable for any companying starting an e-commerce platform. This agreement acts as a protection for your idea and intellectual property (IP). It usually outlines how your website/App is intended to be used and explains the rights you have to all your published content. The idea of terms and conditions is to clearly set out important contractual points such as payment terms, limitation of liability and delivery terms. The last thing you want is to be subject to a contract that is either irrelevant, unenforceable or indeed more onerous than anticipated. These sorts of issues lead to added expense and time in terms of untangling yourself from the problems. So therefore, it is better to get your terms and conditions appropriately drawn up. It is also important to understand what they say in case an issue does arise.
1) The first thing is to understand the reasons for writing the terms and conditions and after that set some ground rules for the same and then get the same drafted by a professional in the field.
2) Once you finish your Terms & Conditions, you need to post it in a conspicuous location.
3) On websites, the Terms & Conditions should be accessible through links. Many companies post links to the Terms & Conditions throughout their website pages, usually in the footer.
As it can be appreciated, time taken for contract drafting depend largely on the complexities of the subject matter covered. But on an average, we conclude the process within 02 to 04 working days.
1) Information collected from the users and the mode of such collection
2) The terms of your Service/Goods/Products
3) The protection of Intellectual Property on your website
4) Terms specifying warranties/guarantees, if any
5) Terms of Cancellation and Refund, if any
6) Contact information in case of any Grievance, Complaint, etc
A legitimate terms of service agreement is legally binding between the parties who agree to it just like any other legally binding agreement. However, it must adhere to the basic principles of a contract.