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Aditya Marwah
in Intellectual Property Law
Asked September 14, 2013

Indemnity v. Guarantee

  • 1 Answer
  • 343 Views

What is the difference between Indemnity and Guarantee?

Answer 1

Indemnity means you indemnify a person from some loss in future.

Guarantee means surety from a third person if loan etc is given to some person if he does not pay than guarantor will be held responsible

Agree Comment 0 Agrees almost 2 years ago
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