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CMA Foundation Contract of Indemnity — practice questions

3 free MCQs with worked solutions. Tap any question for the answer + explanation, or practice them all in the app.

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Under Section 124 of the Indian Contract Act, 1872, a contract of indemnity is defined as a contract by which:In a contract of indemnity, the parties are:Under Section 125 of the Indian Contract Act, an indemnity-holder is entitled to recover from the indemnifier