Transactions between Buyers and Suppliers
1. Through the Site, MUFTS provides an electronic web-based
platform for exchanging information between buyers and suppliers of products
and services. MUFTS does not represent the seller nor the buyer in specific
transactions and does not charge any commissions from completing any transactions.
As a result, MUFTS does not control and is not liable to or responsible
for the quality, safety, lawfulness or availability of the products or services
offered for sale on the Site or the ability of the suppliers to complete
a sale or the ability of buyers to complete a purchase.
2. Members are hereby made aware that there may be risks
of dealing with people acting under false pretences. MUFTS uses several
techniques to verify the accuracy of the information our users provide us
when they register on the Site. However, because user verification on the
Internet is difficult, MUFTS cannot and does not confirm each user's purported
identity (including, without limitation, Gold and Platnium Members).
We encourage you to use the various tools available on the Site,
as well as common sense, to evaluate with whom you are dealing.
3. Each Member acknowledges that it is fully assuming
the risks of purchase and sale transactions when using the Site to conduct
transactions, such risks shall include, but not limited to, mis-representation
of products and services, fraudulent schemes, unsatisfactory quality, failure
to meet specifications, defective products, delay or default in delivery
or payment, cost mis-calculations, breach of warranty, breach of contract
and transportation accidents ("Transaction Risks").
Each Member agrees that MUFTS shall not be liable or responsible for any
damages that may arise a result of or in connection with any Transaction
Risks.
4. Members are solely responsible for all of the terms
and conditions of the transactions conducted on, through or as a result
of use of the Site, including, without limitation, terms regarding payment,
returns, warranties, shipping, insurance, fees, taxes, title, licenses,
fines, permits, handling, transportation and storage.
5. In the event that any Member has a dispute with any
party to a transaction, such Member agrees to release and indemnify MUFTS
(and our agents, affiliates, directors, officers and employees) from all
claims, demands, actions, proceedings, costs, expenses and damages (including
without limitation any actual, special, incidental or consequential damages)
arising out of or in connection with such transaction.