A
letter of indemnity is written to the indemnitee, the party
receiving the indemnity. ( )
letter of indemnity is written to the indemnitee, the party
receiving the indemnity. ( )
举一反三
- Normally<br/>there should be two parties in LOI: the carrier seeking the<br/>indemnity and the importer granting the indemnity. ( )
- Any party of a contract is entitled to claim indemnity if they suffer a loss.
- What is the<br/>name given to the sum of money that you pay to an insurance company<br/>for an insurance policy?( ) A: compensation B: premium C: indemnity D: commission
- If one party violates or fails to carry out the contract, the other party is entitled to claim indemnity for any loss or damage. The underline part of the sentence means_____.
- The indemnity principle is also appliable to life or personal accident insurance.