Terms and conditions typically contain commercial disclosures that are legally mandatory under most countrie’s laws.
Incomplete terms and conditions can expose you to legal risks and put you in violation of commercial laws.
Each terms and conditions document is a legally binding contract that is meant to protect you and your business specifically. Therefore, it’s critically important that the document matches your particular business processes, model, and remains up-to-date with the various laws referenced in its contents.
Using a basic template may expose your business to liabilities, risks and negative legal consequences.
Terms and conditions allow you to set disclaimers and the rules of how your products and services may be used. This allows you the ability to limit your liability, potentially preventing issues before they arise and giving you the ability to mount an adequate defence – should you be challenged legally.