Mind map
indemnity
Mind map: indemnity contract law
Map content
indemnity
indemnity is a contract by which one party promises to save the other from loss , caused to him by the conduct of promisor himself or any other person.
indemnifier and indemnity holder
only one contract
liability of indemnifier - primary indemnifier's liability - happnning of contingency
indemnifier can not sue 3rd party on his own name unless there is an assignment in this favour.