Moissanite is an exquisitely beautiful gemstone, and a good choice for an engagement ring. First, it's nearly as hard as diamond and will last a lifetime. Second, it has much more fire and brilliance then a diamond, which makes it an eye-catching stone that will light up a room.
Indemnity Bond Law and Legal Definition. An indemnity bond is a bond that is intended to reimburse the holder for any actual or claimed loss caused by the issuerâs conduct or another personâs conduct. An indemnity bond acts as coverage for loss of an obligee when a principal fails to perform according to the standards agreed upon between the obligee and the principal.
The Contracts of Indemnity has been defined as: A Contract whereby 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.. The term is often used in business contracts and in insurance.