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Contracts & Pricing

Terms and Conditions (T&Cs)

Also known as: T&Cs

Terms and conditions (T&Cs) are the clauses that govern the rights and obligations of the parties in a purchase or supply agreement.

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T&Cs cover the practical and legal detail of a transaction: pricing, payment terms, delivery, warranties, liability, dispute resolution and how the agreement can be ended. Buyers often have standard purchasing T&Cs and suppliers have standard sales T&Cs, and which set applies can become a point of negotiation known as the battle of the forms.

Clear, agreed T&Cs prevent misunderstandings and protect both parties if something goes wrong. In B2B procurement they are usually attached to purchase orders, framework agreements or platform terms, and reviewing them carefully is essential before high-value or long-term commitments.

Frequently asked questions

What are terms and conditions in a contract?
Terms and conditions are the clauses that set out the rights and obligations of each party — covering price, payment, delivery, warranties, liability and termination — in a purchase or supply agreement.
Whose terms and conditions apply, the buyer's or the supplier's?
It depends on which set is incorporated into the agreement and accepted last, a situation known as the battle of the forms. Clarifying this before ordering avoids disputes about which terms govern.

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