What are the five components of an indemnity clause?

What will be an ideal response?


The five components of an indemnity clause are (1) identifying the
indemnitor and indemnitee, (2) a triggering event or events, (3) the
covered loss or losses, (4) a causal connection, and (5) covered damages
or expenses

Trades & Technology

You might also like to view...

?The primary advantage of parallel compressor systems is their ____.

A. ?higher efficiencies B. ?nearly exact load matching ability C. ?smaller locked-rotor amperage D. ?limited effect of a compressor malfunction

Trades & Technology

A telephone wire has a current of 20 ? A flowing through it. How long does it take for a charge of 15 C to pass through the wire?

What will be an ideal response?

Trades & Technology

The number of possible states with a 10-bit Johnson counter is ________

Fill in the blank(s) with correct word

Trades & Technology

A refrigeration system dataplate states that the low-side test pressure is 150 psig. This means that:

A) The low side should not be pressurized above 150 psig. B) The low-side pressure should be 150 psig when the system is running its self-test. C) The low side should operate with a pressure of 150 psig at all times. D) The low-side pressure will be 150 psig when the system is operating at design conditions.

Trades & Technology