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Indemnity or guarantee?

Exercise and reference answers

Items
  1. Item
    Two parties only
    Category
    Indemnity
  2. Item
    Saves from loss
    Category
    Indemnity
  3. Item
    Loss may not come
    Category
    Indemnity
  4. Item
    Three parties
    Category
    Guarantee
  5. Item
    Surety involved
    Category
    Guarantee
  6. Item
    Third party fails
    Category
    Guarantee
Categories
  1. Item
    Indemnity
  2. Item
    Guarantee
Instructions
Tap a description, then tap the contract it belongs to.

Explanation

_Source: The Indian Contract Act 1872 bare act, 124. "Contract of indemnity" defined_
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