Cyclops Clause 

An informal clause in a matter of contractual obligation, which states that the undersigned person(s) agree not to use the ship of sale as a means of tax fraud by scuttling the ship itself, premeditatively and deliberately. The namesake of this clause is the 540 foot Proteus Class collier, USS Cyclops (AC-4), which mysteriously disappeared on 4 March 1918 while navigating the Bermuda Triangle. The circumstances of its disappearance remain a mystery to this day, as no wreck of any kind has been discovered. It is highly theorized among historians that it was sunk in order to collect its insurance as revenue. This highly scandalous practice is frowned upon by maritime institutions across the globe and hold with it serious legal ramifications if the any discrepancies in the conspiracy itself are found.

I can’t sell my boat. I think I’m gonna sink it on purpose to collect the insurance.

No! You can’t do that! Didn’t you read the Cyclops Clause?

Cyclops Clause by liminal sleepwalker May 6, 2024