Standard Trading Conditions

Standard Trading Conditions are the set of rules and guidelines that govern the sale of goods and services between businesses and their customers. They outline the rights and responsibilities of each party, including payment terms, delivery processes, returns, and liabilities. These terms help to create a clear understanding of what is expected, minimizing misunderstandings and disputes. By agreeing to these conditions, both buyers and sellers establish a legal framework that facilitates fair and consistent transactions. They are often included in contracts, receipts, or terms of service agreements.