A Terms of Service (ToS) agreement is a legally binding contract between a service provider and its users that establishes the rules, responsibilities, and guidelines for using a website, app, or digital platform. While a ToS is not explicitly mandated by law—unlike a Privacy Policy—it is critically important for minimizing legal risk, mitigating liabilities, and protecting intellectual property. ⚖️ Core Legal Functions of a ToS
Companies rely on Terms of Service agreements to handle several vital legal protections: Consumer Terms of Service – Link: The wallet
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