What do these gurus know that you don't? For starters, that if you want to make money with your online home business, serious money, you need to move beyond the hobby stage and treat it as a business.
Many webmasters, especially those just starting out, know they desperately need good legal assistance in putting together their website. However, with money stretched thin they are afraid to even look at what it will cost to create terms and conditions for their website.
The thousands of dollars dancing in their minds leads them to roll the dice. Typically, this means copying legal terms from another website, and praying that those terms are correct and will work for their website.
After all, if a large company with a bank of lawyers has website legal terms, they should be all right? Shouldn't they?
Nope. Not even close.
These large companies get sued all the time. The online contracts created by their in-house attorneys, who are overworked and have a thousand other issues on their plate - employment issue, financing, stock disclosures, regulatory compliance, can be terrible.
Even worse, many webmasters seek out free legal forms and terms of use for their website. They find free terms and slap them up on their website - without knowing or understanding that the terms mean and their ramifications.
Later, when there is legal trouble they can be horrified at the results.
Legal issues can make or break your business. Not getting basic terms right in contracts can be extremely costly.
When you don't have a basic knowledge of what the legal terms mean, or why you need them, you're playing a form of Russian-roulette. There is one site that provides an analysis of these terms with the
What generally happens is the webmaster finds out the 'free' terms they found or copied had the exact opposite affect of what they wanted. For example, they may end up litigating issues where their customer lives - many thousands of miles away.
What they really wanted was to litigate close to home, and force their customers to travel thousands of miles to decide a claim.
Many times, that is the end of the lawsuit. There is no money to pursue it. The webmaster has lost before it even started - because they needlessly took a shortcut in their website legal terms.
So why is it that webmasters, with their life savings at risk, often pay so little attention to legal terms on their website? They spend hours creating a product, then a beautiful website, and a fancy marketing plan. Then, they spend as little money and time as possible assessing their business from a legal perspective, and preparing legal terms for their online business.
It makes no sense or cents.
If you do not have legal website terms protecting you and your business, get some, and make sure they are from an attorney or qualified resource.
Legal Terms And Conditions
Legal Terms
Contract: An agreement between two or more parties in which each party agrees to provide something in exchange for the other party doing the same. Typically, one party provides money while the other provides a service or product. Contracts can be oral or written, but oral contracts are difficult to enforce.
Copyright: The legal right attached to literary, musical, dramatic or artistic works. Copyright automatically attaches to the piece in favor of the creator of it. To sue for copyright infringement, the creator must file for an official copyright from the Library of Congress.
Intellectual Property: A product or idea that has tangible commercial value. Examples of intellectual property include copyrighted works such as books, patented items such as a product design and a trademarked item for a brand. The word “Amazon” is not considered intellectual property. When applied to the Internet, however, the word is intellectual property as it refers to a brand for an online bookstore.
Non-Compete Agreement: An agreement whereby one party, typically an employee, agrees not to use information learned during employment in subsequent business efforts for a set period of time. In some states, non-compete agreements are extremely difficult to enforce. An example of a non-compete agreement dispute is the current litigation between Microsoft and Google over Kai-Fu Lee.
Non-Disclosure Agreement: A contract binding one party to a duty of confidentiality in regard to certain information provided by another. An NDA typically is executed where one party wished to discuss a business venture with another and the discussion necessarily requires the disclosure of sensitive information.
Trademark: A name, label or symbol identifying a product or web site. Trademarks are filed with the Patent and Trademark Office and restricted to a class of products or services. “Amazon” is a trademarked term for Internet services, but not for general references such as ecological discussions.
Obviously, this is a relatively short list of legal terms. If your issue is not mentioned, you can search on the net to find an answer.
Both Brian Kindsvater & Rick Chapo are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
Brian Kindsvater has sinced written about articles on various topics from Legal Matters, Vegetable Garden and Legal Matters. Brian Kindsvater is a California attorney and the author of the top selling ebook - which clearly explains what legal terms are needed for your websit. Brian Kindsvater's top article generates over 1300 views. to your Favourites.
Rick Chapo has sinced written about articles on various topics from Phishing, Home Improvement and Women. . Rick Chapo's top article generates over 22200 views. to your Favourites.
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