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The TOS provide certain mandatory information to visitors or not on the navigation and use of your site and your company.
On a more legal, the TOS are a shield against many lawsuits, limiting your liability for the content of the site, the opinions are referred to by your visitors, but also as to its proper functioning (that n is not always guaranteed). Similarly, some areas are regulated and the conditions of implementation of compliance with these regulations must feature prominently in your TOS.