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A Service Level Agreement (SLA) primarily serves to establish a formal agreement regarding service expectations between a service provider and a client. It clearly defines the level of service that is expected, including parameters such as availability, response times, performance metrics, and responsibilities of both parties. By documenting these expectations, both the provider and the client have a mutual understanding of what constitutes acceptable service, which can help prevent disputes and manage expectations effectively.

In addition, an SLA can include penalties for non-compliance, which incentivizes the provider to maintain the agreed-upon level of service. This level of specificity is crucial for any organization that relies on external services, ensuring accountability and fostering a strong working relationship.

Options that suggest providing general guidelines for software development, ensuring compliance with legal regulations, or outlining customer service protocols do not directly address the primary function of an SLA. While elements of those aspects may be included in broader service contracts, the essence and core focus of an SLA is strictly around the service expectations established between the parties.