Terms of Service | MIK Platform

1. Acceptance of Terms

By registering for, accessing, or using the MIK Platform (the "Platform", "Service", "we", "us", or "our"), you agree to be bound by these Terms of Service. These terms constitute a legally binding agreement between you—whether you operate as a Buyer, Seller, or an unregistered visitor—and MIK Platform. If you representing a company or other legal entity, you warrant that you are authorized to bind that entity to these Terms. If you do not agree to these terms, you may not use the Platform.

2. Description of the Platform

MIK is an artificial intelligence-driven B2B marketplace designed to facilitate international trade by connecting global buyers with verified South Korean suppliers. We provide an online infrastructure for users to discover products, submit Requests for Quotations (RFQs), receive supplier offers, and manage trade inquiries. MIK acts solely as an intermediary and technology provider. We are not a party to the actual transaction between buyers and sellers, and we do not hold title to, guarantee, or bear any liability for the goods exchanged between users.

3. User Account and Verification

Account Creation: To access features such as RFQ submission, offer review, or product listing, users must create an account. You agree to provide accurate, current, and complete corporate and contact information.
Verification: MIK reserves the right, though assumes no obligation, to verify your corporate identity, business registration, and creditworthiness. Suppliers may be subject to additional vetting processes, including background checks and facility verification.
Account Security: You are responsible for safeguarding your login credentials. You must strictly limit access to your account to authorized personnel within your organization.

4. Platform Use and Trade Inquiry Process (RFQs)

Buyers may utilize the platform to post RFQs. By submitting an RFQ, buyers acknowledge that:

The RFQ does not constitute a binding legal contract to purchase.
They must provide clear and accurate specifications, MOQs, preferred Incoterms, and target pricing to receive relevant offers.
Sellers are independent entities, and any offer or quotation provided by a Seller through the Platform is the sole responsibility of that Seller.

Once a Buyer receives an offer and decides to proceed, all subsequent negotiations, contracting, logistics, and payments must be managed directly between the Buyer and Seller, unless the Platform explicitly provides an escrow or embedded payment feature, in which case specific payment addendum terms will apply.

5. User Conduct and Restrictions

You agree not to use the Platform to:

Post explicitly false, misleading, or deceptive product descriptions, prices, or certifications.
Engage in or facilitate any fraudulent activity, money laundering, or trade in illegal or prohibited goods.
Circumvent or attempt to bypass the platform's features, data collection, or fee structures (if any).
Distribute viruses, malware, or utilize automated bots, scrapers, or other unauthorized scripts to extract data without our written consent.
Harass, intimidate, or use abusive language toward other members or MIK staff.

Failure to adhere to these rules may result in immediate account suspension, permanent termination, and potential legal action.

6. Fees and Payments

Access to basic platform features may be free; however, MIK reserves the right to charge fees for premium services, verified supplier badges, promoted listings, or transaction success fees. All applicable fees will be conspicuously posted on the Site. By utilizing paid features, you consent to our billing policies.

7. Intellectual Property Rights

All content included on the Platform—including but not limited to text, graphics, logos, software, artificial intelligence models, and the "MIK" trademark—is the exclusive property of MIK or its licensors. You retain ownership of the data (e.g., product details, RFQs) you upload; however, by uploading it, you grant MIK a worldwide, royalty-free, non-exclusive license to use, display, reproduce, and analyze the data to provide and improve the Service, including training our AI models.

8. Disclaimer of Warranties

THE PLATFORM AND ALL ASSOCIATED SERVICES ARE PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS. WE EXPRESSLY DISCLAIM ALL WARRANTIES OF ANY KIND, WHETHER EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT. WE DO NOT WARRANT THAT THE PLATFORM WILL BE UNINTERRUPTED, ERROR-FREE, OR FREE OF VIRUSES.

MIK EXPRESSLY DISCLAIMS ANY LIABILITY FOR THE QUALITY, SAFETY, LEGALITY, OR DESCRIPTION OF THE PRODUCTS LISTED BY SELLERS, AS WELL AS THE ABILITY OF SELLERS TO FULFILL ORDERS AND THE ABILITY OF BUYERS TO PAY FOR THEM.

9. Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT SHALL MIK, ITS AFFILIATES, DIRECTORS, OR EMPLOYEES BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, INCLUDING LOSS OF PROFITS, DATA, USE, OR GOODWILL, ARISING OUT OF OR IN CONNECTION WITH YOUR ACCESS TO OR USE OF THE PLATFORM, DELAYS, OR TRANSACTIONS FACILITATED THROUGH THE SITE. OUR AGGREGATE LIABILITY ARISING OUT OF THESE TERMS SHALL NOT EXCEED THE TOTAL FEES PAID BY YOU TO MIK IN THE TWELVE (12) MONTHS PRIOR TO THE INCIDENT.

10. Indemnification

You agree to indemnify, defend, and hold harmless MIK, its affiliates, officers, directors, and employees from any claim, demand, damages, or costs (including reasonable attorneys' fees) arising out of your breach of these Terms, your violation of any law or third-party right, or any dispute between you and another user of the Platform.

11. Modifications to the Service and Terms

MIK reserves the right to modify or discontinue all or part of the Service at any time without notice. We may also revise these Terms occasionally to reflect changes to our business or the law. When we do, we will post the updated Terms on this page and update the "Last Revised" date. Your continued use of the Platform after changes have been posted constitutes your acceptance of the new Terms.

12. Governing Law and Dispute Resolution

These Terms shall be interpreted, construed, and enforced in all respects in accordance with the laws of the Republic of Korea, without regard to its conflict of law principles. Any dispute, controversy, or claim arising out of or in connection with these Terms, or the breach, termination, or invalidity thereof, shall be finally settled by binding arbitration in Seoul, Republic of Korea, under the Arbitration Rules of the Korean Commercial Arbitration Board.

13. Contact Us

If you have any questions regarding these Terms, please contact us at help@dxconsulting.co.kr.