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5:29
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What is an Indemnification Clause? | Indemnity Explained
#indemnification #corporatelaw #businesslaw Indemnification clauses are common in commercial contracts. But, what are they? Put simply, an indemnification clause is a promise by one party to pay for the losses of another if the offending party causes the other harm. So, let's say I'm selling your product and I want you, as the vendor, to ...
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