Question

A contract by which one party promises to save the

Q: Answer-A contract by which one party promises to save the other from loss caused to him by the conduct of t...

Section 124. Contract of indemnity defined A contract by which one party promises to save the other from loss caused to him by the conduct of the promisor himself, or by the conduct of any other person, is called a contract of indemnity.

other from loss caused to him by the conduct of the promisor himself, or by the conduct of any other person, is called a contract of ______________ under the Contract Act

A Indemnity

B Bailment

C Guarantee

D Pledge

E Agency

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A contract by which one party promises to save the

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