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STANDARD TERMS AND CONDITIONS PURCHASE ORDER IMPORTANT CONTRACT TERMS ARE INCLUDED BELOW, INCLUDING DISCLAIMER OF WARRANTIES, LIMITATIONS OF LIABILITY, RELEASE AND INDEMNITY PROVISIONS. 1. Sole Agreement:
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It is a good practice to have standard terms and conditions regardless of the size of the business or the nature of the products or services offered.
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Standard terms and conditions refer to the set of rules and guidelines that govern the relationship between a company and its customers or clients.
Any company or business that offers products or services to customers or clients is required to have and file standard terms and conditions.
Standard terms and conditions can be filled out by including details such as payment terms, delivery policies, return and refund policies, and other important terms of the agreement.
The purpose of standard terms and conditions is to protect the rights of both the company and the customers, by clearly outlining the terms of the agreement and setting expectations.
Information such as payment terms, delivery policies, return and refund policies, warranty information, and dispute resolution procedures must be included in standard terms and conditions.
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