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In this tutorial, Michele discusses the term "indemnification," which often arises in contexts such as contracts, settlements, or business separations. To indemnify someone means to provide protection or support against claims or losses related to a specific situation, often when selling or contracting. Michele emphasizes the importance of clarity regarding what exactly is covered by the indemnification, particularly in cases where something might go wrong. Understanding indemnification is essential for ensuring responsibilities are defined when engaging in transactions or agreements.
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