Terry’s law
A vital part of pragmatic jurisprudence, neatly captured by the Latin maxim.
quod oculo non videt coquus non est culpandum
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
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