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In this tutorial, Elizabeth Potts Weinstein discusses indemnifications, explaining their definition as compensation for loss or damage according to Merriam-Webster. Indemnification is likened to insurance, where one party compensates another for harm incurred. Weinstein emphasizes the significance of including an indemnification clause in contracts, as it ensures fairness in transactions where one party possesses more control or information. She highlights that it is reasonable for the party with greater control over a situation to be held accountable if issues arise, illustrating this with the example of hiring someone to write.
