indemnity and guarantee

Indian Contract Act (ICA)1872

Title

45:30

8 of 24 completed

5 of 15 completed

38 of 100 completed

8 of 20 completed

Indian Economy - Understanding the basics of Indian economic system

Contract of Indemnity as defined in the Indian Contract Act, 1872 covers only ------

Liability incurred by something done by the indemnified at the request of the indemnifier

Indemnity for loss caused by human agency

Indemnity arises from loss caused by the events or accidents which do not depend upon the conduct of indemnifier or any other person

None of the above

Indemnity for loss caused by human agency