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Under a contract of indemnity, the liability of the promisor arises from loss caused to the promisee by the conduct of:
  • a)
    The indemnifier only
  • b)
    The indemnified only
  • c)
    Any other person
  • d)
    Both the indemnifier and any other person
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
Under a contract of indemnity, the liability of the promisor arises fr...
Under a contract of indemnity, the liability of the promisor arises from loss caused to the promisee by the conduct of the promisor himself or by the conduct of any other person. This means that the indemnifier is responsible for compensating the indemnified for losses caused by their own actions or by the actions of others.Example: If A promises to indemnify B against any loss caused by the conduct of C, it means that A will compensate B for the loss suffered due to C's actions. Similarly, if A himself causes a loss to B, A will still be liable to compensate B under the contract of indemnity.
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Under a contract of indemnity, the liability of the promisor arises from loss caused to the promisee by the conduct of:a)The indemnifier onlyb)The indemnified onlyc)Any other persond)Both the indemnifier and any other personCorrect answer is option 'D'. Can you explain this answer?
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