Business Studies, asked by akhil28698, 4 months ago

A by which One party promises to save the other from loss caused to him by the conduct of the promisor​

Answers

Answered by malleshgl1980
2

Answer:

ok

Explanation:

Thus, Contract of Indemnity is a special contract in which one party to a contract (i.e. the indemnifier) promises to save the other (i.e. the indemnified) from loss caused to him by the conduct of the promisor himself, or by the conduct of any other person.

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