View source for In the absence of fraud, negligence or wilful default

{{a|drafting|}}A study [[triplicate]] that no young thruster or commercial eagle cadet can can venture into the thickets of [[finance contract]] [[verbiage]] before encountering.

Usually — properly — used to hem in the potentially outrageous scope of a [[well-crafted indemnity]], but also often seen purporting to delimit illogically a bank’s liability for failing to keep its own promises.

“[[In the absence of]]” is such a beautiful, topsy-turvy view of the world. In that way that lawyers do, it describes a negative space rather than a positive one, painting light onto a uniform void of darkness, in this way — but only this way — evoking the spirit of Leonardo.

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*[[Fraud]]
*[[Negligence]] or, for our American cousins, [[gross negligence]]
*[[Wilful default]] or, for our American cousins, [[wilful misconduct]]