A standard Terms of Service template for a web application. Please consult with your lawyer to ensure it applies to your business.
The Terms of Service Agreement is mainly used for legal purposes by companies which provide software or services, such as browsers, e-commerce, search engines, social media, and transport services.
A legitimate terms-of-service agreement is legally binding and may be subject to change. Companies can enforce the terms by refusing service. Customers can enforce by filing a suit or arbitration case if they can show they were actually harmed by a breach of the terms. There is a heightened risk of data going astray during corporate changes, including mergers, divestitures, buyouts, downsizing, etc., when data can be transferred improperly.