The party who gives the indemnity is known as

Related MCQs

• When a person has done some work under a contract and the other party repudiates the contract, then the party who performed the work can claim remuneration for the work done. This is based on the principle of
• Where a party to contract transfers his rights under the contract to another person, it is legally known as
• A contract in which, under the terms of a contract, nothing remains to be done by either party is known as
• A contract is discharged by the breach when a party to a contract
• An agreement whereby one party assists another in recovering money or property and in turn share in the proceeds of the action is called
• When a person invites the other party to make an offer, he is said to make a/an
• Where the court orders the defaulting party to carry out the promise according to the terms of the contract, it is called as a/an
• Under the pledge, the person who pledges is known as a pledgor and the bailee is known as a
• Under the pledge, the person who pledges is known as a pledgor and the bailee is known as a
• Because of supervening event, the promisor is excused from the performance of the contract. This is known as