GOT IT!!!!!!!!!!!!!!!!!!!
Pass this along:
I found a way to find the Terms of Service and accept them. I read a post of how one guy went into the iTunes store and purchased a song which brought up the Terms of Service on its own. When I tried this, however, I was greeted with a message that the iTunes store was currently unavailable, so I went into my account information, pressed "Reset Warnings". I then found a random song attempted to buy it and was was shown the Terms of Service, accepted them, canceled the song buy, and pressed the ringtone button. Worked fine.
Hope this helps anyone else who has this problem.