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Updated November 2020. General Terms and Conditions for Grants and Cooperative Agreements to Organizations Incorporating Title 2 of the Code of Federal Regulations (2 CFR) Including updates effective
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General terms and conditions are the rules and guidelines that govern the relationship between a company and its customers or users.
All companies that provide goods or services to customers are required to have and share general terms and conditions.
General terms and conditions can be filled out by outlining the rules, policies, and terms of service that the company will abide by when interacting with customers.
The purpose of general terms and conditions is to protect both the company and the customer by setting clear expectations and guidelines for the relationship.
General terms and conditions should include information on pricing, payment terms, delivery policies, return policies, and any disclaimers or limitations of liability.
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