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Simply put, yes, they are 100% legally binding.

For example, if you were to take out an insurance policy for your business and you didn't read the terms and conditions, you could find that some of the tasks you do aren't covered when you need to make a claim. This can cause major issues for you as a business owner and result in you losing out on a financial payout.

The GDPR requires consent to be opt-in. It defines consent as ?freely given, specific, informed and unambiguous? given by a ?clear affirmative action.? It is not acceptable to assign consent through the data subject's silence or by supplying ?pre-ticked boxes.?

Yes, clickwrap agreements (provided they are designed, presented, and tracked in compliance with best practices) are just as enforceable as both traditional wet ink signatures and electronic signatures in the US.

This lawful basis does not require you to ask consent. You do have to give data subjects a way to opt-out of the processing. Consent on the other hand is an opt-in system. An ?I agree with the privacy policy? button is not needed for this lawful basis.

For you to legally enforce your website, application, or business's rules of use, users must first agree to your terms and conditions. Terms and conditions, also known as terms of service or terms of use, are a legal agreement between you and your users that outlines the rules of use for your website, app, or business.

Using a checkbox means a user must take an action and click to show that they agree to your Privacy Policy. It also provides you a way to capture and record their consent in case your users or regulators ever ask questions about your data practices.