Question: What Terms and Conditions do I need for my marketplace?
Answer:You need a set of Marketplace Terms and Conditions which will set out a number of things, including, but not limited to: the relationship between you and the different groups of users, the payment terms, who owns what intellectual property, what conduct is prohibited and the consequences of such conduct, termination rights, disclaimers, and what you are not liable for. In addition, you should also have a Privacy Policy to ensure compliance with the Privacy Act and a set of Website Terms of Use to protect your copyright and intellectual property.
