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In this tutorial, Michele discusses the term "indemnification." Indemnification typically arises in contexts such as signing contracts, settling disputes, or during business separations. To "indemnify" someone means to protect or cover them against claims related to specific circumstances, such as the sale of a product. Michele emphasizes the importance of clearly defining what is being indemnified against, ensuring that responsibility is understood if something goes wrong. This concept helps parties manage liability and safeguard their interests during transactions or agreements.