Terry’s law: Difference between revisions
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*Those the breach of which you cannot realistically expect to ever find out about, unless the counterparty owns up to them. | *Those the breach of which you cannot realistically expect to ever find out about, unless the counterparty owns up to them. | ||
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*[[Immediately]], versus [[as soon as reasonably practicable]] | *[[Immediately]], versus [[as soon as reasonably practicable]] | ||
*[[Quod non potes videre, non mihi reprehendo]] | *[[Quod non potes videre, non mihi reprehendo]] |
Revision as of 11:36, 18 January 2020
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A vital part of pragmatic jurisprudence, neatly captured by the Latin maxim.
Covenants, representations or warranties in two flavours:
- Those by which you expect counterparties to promptly advise you of their breach of contract to you
- Those the breach of which you cannot realistically expect to ever find out about, unless the counterparty owns up to them.
See also
- Immediately, versus as soon as reasonably practicable
- Quod non potes videre, non mihi reprehendo
- Representations and warranties
Plain English Anatomy™ Noun | Verb | Adjective | Adverb | Preposition | Conjunction | Latin | Germany | Flannel | Legal triplicate | Nominalisation | Murder your darlings