Lazimpat, 02 Kathmandu Nepal
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Company terms and conditions, often referred to as terms of service or terms of use, are legal agreements between a company and its users, customers, or clients. These agreements outline the rules, obligations, rights, and responsibilities that govern the relationship between the company and those who use its products, services, or platforms.
Acceptance of Terms: Users are usually required to agree to the terms and conditions before they can use the company's products or services. This acceptance is often indicated by clicking a checkbox or button.
Description of Services: The terms and conditions detail the products or services offered by the company, including any limitations or restrictions.
User Rights and Responsibilities: Users are informed of their rights and responsibilities when using the company's offerings. This may include guidelines on acceptable behavior, prohibited activities, and user-generated content policies.
Payment and Billing: If applicable, the terms outline the payment terms, billing cycles, fees, and any related policies regarding refunds, cancellations, or disputes.
Privacy Policy: Companies typically include a reference to their privacy policy within the terms and conditions. The privacy policy outlines how the company collects, uses, stores, and protects user data.
Intellectual Property: The terms specify the ownership rights and usage permissions related to the company's intellectual property, including trademarks, copyrights, and patents.
Limitation of Liability: Companies often include clauses limiting their liability for damages arising from the use of their products or services. This may include disclaimers regarding warranties and guarantees.
Governing Law and Dispute Resolution: The terms specify which jurisdiction's laws govern the agreement and outline the process for resolving disputes, such as through arbitration or litigation.
Changes to Terms: Companies reserve the right to update or modify the terms and conditions as needed, and they typically specify how users will be notified of such changes and their effective date.
Termination of Agreement: The terms outline the circumstances under which either party can terminate the agreement, as well as the consequences of termination.
Sever ability: A sever-ability clause states that if any portion of the terms is found to be unenforceable, the remaining provisions will still be valid.
Entire Agreement: A clause stating that the terms and conditions constitute the entire agreement between the parties, superseding any prior agreements or understandings.