Which of the following is the essential ingredient of contract of indemnity:
A. Contract to make good the loss
B. Loss must be caused to the indemnity holder.
C. Loss may be caused by promiser or any other person
D. All of the above.
Answer:D
Which of the following is the essential ingredient of contract of indemnity:
A. Contract to make good the loss B. Loss must be caused to the indemnity holder. C. Loss may be caused by promiser or any other person D. All of the above.