Do you want to prevent the challenges of editing Indemnity Agreement on the web? You don’t have to worry about downloading untrustworthy solutions or compromising your paperwork ever again. With DocHub, you can enter text in Indemnity Agreement without having to spend hours on it. And that’s not all; our user-friendly platform also gives you robust data collection tools for collecting signatures, information, and payments through fillable forms. You can build teams using our collaboration capabilities and efficiently interact with multiple people on documents. Best of all, DocHub keeps your information secure and in compliance with industry-leading safety requirements.
DocHub enables you to use its features regardless of your system. You can use it from your laptop, mobile device, or tablet and modify Indemnity Agreement effortlessly. Start working smarter today with DocHub!
hello guys welcome to Alan Shapiro in this video we will see the difference between contract of indemnity and contract of guarantee Im Ritesh barrack so lets start indemnity and guarantee both are different things indemnity is a contract where one party promises to compensate another party for the losses whereas guarantee is a contract in which one party promises to discharge the liability of a third person in case of his default number of parties is also different in both the contracts there are two parties in a contract of indemnity first party is indemnify ER second party is indemnified indemnify ER is the person who promises to save another party and indemnified is the person who is saved from the losses and in a contract of guarantee there are three parties that is creditor principal debtor and surety now lets see the difference on the basis of nature of liability the liability of indemnify ER is primary but the liability of surety is secondary because principal debtor is prima
