A condition is a clause that needs to be waived or fulfilled by a specific date in order for the Agreement to become firm. A term is a directive in the Agreement of Purchase and Sale that outlines the specifics of the contract.
What is the difference between terms and conditions and terms of use?
Terms of Use on a website are terms which apply to every visitor. Terms and Conditions apply to particular users of the website, usually when the user is required to pay for a product and/or service.
Is a term a condition?
Term: A term is similar to a representation, but the truth of the statement is guaranteed by the person who made the statement therefore giving rise to a contractual obligation. For the purposes of Breach of Contract, a term may further be categorized as a condition, warranty or innominate term.
What is included in terms and conditions?
A Terms and Conditions agreement is the agreement that includes the terms, the rules and the guidelines of acceptable behavior and other useful sections to which users must agree in order to use or access your website and mobile app.
Why do we use general Terms and Conditions?
Why do you need to draw up general terms and conditions? General terms and conditions make clear from the start what the respective rights and duties of you and your customers are. The so-called fine print will save you a lot of time. Your customers will know straight off what they are dealing with.
Are Terms and Conditions a contract?
When the user accepts the terms – i.e. checking a box or clicking a button to indicate acceptance – the Terms and Conditions become a legally binding contract. However, proper presentation and acceptance methods are key to enforceability.
Is payment a condition?
Payment Conditions means, at the time of determination with respect to any specified transaction or payment, that (a) no Default or Event of Default then exists or would arise as a result of entering into such transaction or the making of such payment, (b) after giving effect to such transaction or payment, the Pro
What does in general terms mean?
phrase. If you describe something in general terms, you describe it without giving details.
What do you mean by terms of service abuse?
What Does Terms of Service (ToS) Mean? Terms of service (ToS) is a commonly used phrase for the set of rules and regulations a provider attaches to a software service or Web-delivered product. Terms of service are also known as terms and conditions or terms of use (TOU).
What is payment condition?
Payment Conditions means, at the time of determination with respect to any specified transaction or payment, that (a) no Default or Event of Default then exists or would arise as a result of entering into such transaction or the making of such payment, (b) after giving effect to such transaction or payment, the Pro
How do you write terms and conditions of employment?
Here is a basic employment contract template, showing what to include and how to order it:Names (employee, employer, department head, etc.).Employment start date.Job title and description.Workplace details.Working hours (maximums of 48 hours per week, overtime, etc.).Probationary period.Salary deductions.More items •14 Nov 2018