Contracts can contain indemnity clauses requiring another party to assume the costs for damages done by another party

Name: Contracts can contain indemnity clauses requiring another party to assume the costs for damages done by another party
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Quizplus · Accepted Answer

Indemnity clauses are often included in contracts and require one party to assume the costs for damages caused by another party. This is a common risk management tool used to protect businesses and individuals from financial losses.

Contracts Can Contain Indemnity Clauses Requiring Another Party to Assume