Terms and Conditions

The requirements, rules, standards, specifications, and provisions that dictate an agreement or contract between two or more parties. Setting out terms and conditions enables all parties to understand their roles, rights, and responsibilities. Although terms and conditions will vary depending on the parties involved in an agreement, some contractual elements are considered universal, including a clear definition of the products/services being provided, payment terms, guarantees/warranties, delivery time lines, term of service, and termination rights.