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Business Terms
Terms and Conditions
Definition
The rules and guidelines governing a business relationship or transaction.
Overview
Terms and conditions (T&Cs) define the legal relationship between parties. They cover payment terms, liability, intellectual property, and dispute resolution.
Example
A freelancer's T&Cs specify: 50% deposit required, Net 30 payment, client owns deliverables upon full payment.
Best Practices
Include on proposals, contracts, and invoices. Make them clear and enforceable.
Common Mistakes to Avoid
Overly complex language
Not including key protections
Not getting agreement
Frequently Asked Questions
Do I need terms and conditions?
Yes—they protect you and set clear expectations. Have them reviewed by a lawyer.