We shouldn't put the brakes on their enthusiasm. There are similar policies in place now in the Technology Transfer Office and the Trademark Office. They address the issues of licensing and who enforces licenses and trademarks. You can't just use university logos on a banner, for example, without getting permission from Trademark. Sponsors and commercial entanglements are a big issue.
Sponsorships are a contract like any other.
The Contracts Office needs to be involved. There must be a code of conduct in place. The group strongly supported privacy as the most important issue to address first. The second question asked how student groups should be allowed to benefit from e-commerce. The group strongly supported the ideas that student group e-commerce should only be allowed if it doesn't interfere with instruction and if the group uses part of their profit to pay for infrastructure costs.