There are so many variables to consider when establishing a web-based business. Your site’s terms and conditions – which establish how you interact with customers — need to be carefully crafted. Cutting and pasting them from other e-commerce companies can have disastrous effects. Do you know what elements are needed for a sound privacy statement? Designing privacy protocols and information gathering strategies in conformity with state and federal laws is essential. Online businesses need to protect their domain names and other intangible property, while also limiting liabilities and defining the laws to govern disputes should they arise.

In the clips below, Paul McGrady, Jr., author of Lexis’ McGrady on Domain Names, discusses Terms & Conditions, Registering Domains, and CAN-SPAM.

To learn more, join McGrady for a complimentary LexisNexis® Webinar: The Do’s and Don’ts of Starting an Online Business, on June 14, 2011, at 2:00 pm Eastern Time. To learn more about the webinar or register click here.