If you are trying to draft a terms and conditions contract for your business, then it is advisable for you to take a look at a sample document, that will help you understand the main features of such a document.
In the world of business, when you sign a deal or sell goods or services to a customer or another business, you are expected to agree to a set of terms and conditions. This is essential to avoid any sort of abuse by either the client or the seller. Business writing to a large extent is overwrought with legalities. It is always advisable to get a lawyer or a legal firm to check the same and even draft as it is best to avoid any loopholes that a client may be able to exploit.
Essential Details to Include
- Prices of the goods and services
- Mode of payment
- Details and feature specifications
- Responsibilities of the customer
- Responsibilities of the supplier
- Limit on liabilities
- Details regarding the schedule
- Details about cancellation clause
- Clauses regarding alterations, warranty, compensation, intellectual property rights, and termination of the deal.
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Definition
Application
Pricing
Payment
Delivery
Cancellation
Notice
Loss or Damage to Goods
Usage of Goods or Services
Confidentiality
Employment of Personnel
Warranty
Limitation of Liability
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While drafting a document with terms and conditions for a contract that you are working in, you can use the sample given here as a reference point. It is important that not only do you take a look at a sample document that will give you a general idea of how the contract should be framed, but also take legal advice to ensure that you do not become unnecessarily liable due to a loophole in the document.