Every once in a while I read the fine print on credit cards and such. You expect the usual, we are not responsible for this and that and that we can change the terms of agreement when we want to and we just need to notify you before or after we have done so; but of the ones I have read, this one is an eyeopener! This is a clause in the Customer Agreement for RBC online banking and credit card:
In no event, even if we are negligent, will we be liable for any loss of data, or any indirect, consequential, special, aggravated, punitive or exemplary damages whatsoever, in whole or in part, (including any business interruption, loss of profits, data, information, opportunity, revenues, goodwill or any other commercial or economic loss), caused to you, regardless of the cause of action, even if we have been advised of the possibility of such damages.
It would be interesting to see if it would actually holds up in court.
In no event, even if we are negligent, will we be liable for any loss of data, or any indirect, consequential, special, aggravated, punitive or exemplary damages whatsoever, in whole or in part, (including any business interruption, loss of profits, data, information, opportunity, revenues, goodwill or any other commercial or economic loss), caused to you, regardless of the cause of action, even if we have been advised of the possibility of such damages.
It would be interesting to see if it would actually holds up in court.
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