{"iri":"https://folio.openlegalstandard.org/R8XxCPX0obhOk013uLpX58K","label":"Default Clause","sub_class_of":["https://folio.openlegalstandard.org/RDe0RKU39BlhcyACJW30ZLc"],"parent_class_of":[],"is_defined_by":null,"see_also":[],"comment":null,"deprecated":false,"preferred_label":null,"alternative_labels":[],"translations":{"fr-fr":"Clause par défaut","pt-br":"Cláusula padrão","es-es":"Cláusula por defecto","es-mx":"Cláusula predeterminada","en-gb":"Default Clause","de-de":"Standardklausel","he-il":"סעיף ברירת מחדל","hi-in":"डिफ़ॉल्ट क्लॉज","ja-jp":"デフォルト条項","zh-cn":"默认条款"},"hidden_label":null,"definition":"A default clause is a provision in a contract that specifies the consequences if one party fails to fulfill their obligations under the agreement.","examples":[],"notes":[],"history_note":null,"editorial_note":null,"in_scheme":null,"identifier":null,"description":null,"source":null,"country":null}