Document background
Terms & Conditions On Invoice is a fundamental business document used in the United States to establish legally binding terms for commercial transactions at the point of billing. This document type is particularly valuable for businesses seeking to efficiently combine their billing documentation with their standard terms of trade. It includes essential elements such as payment terms, delivery conditions, warranties, and dispute resolution procedures, while complying with federal regulations and state-specific contract laws. The document is commonly used in both business-to-business (B2B) and business-to-consumer (B2C) transactions, though the terms may vary based on the relationship type. It serves as a critical risk management tool by clearly defining the rights and obligations of all parties involved in the transaction.
