Explain whether a contractor would want an indemnity clause included in a construction contract and why or why not?
What will be an ideal response?
If an indemnity clause is present this clause will state that the contractor indemnifies the owner, which means that the contractor is taking on the liability of the owner in addition to his or her own liability. If a contractor agrees to a contract that includes an indemnity clause it could result in the contractor raising the price of the contract in order to account for the additional risk they would be absorbing by taking on the liability of the owner in addition to their own liability.
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