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Indemnity and Warranty

Shortcuts: Differences, Similarities, Jaccard Similarity Coefficient, References.

Difference between Indemnity and Warranty

Indemnity vs. Warranty

Indemnity is a contractual obligation of one party (indemnitor) to compensate the loss occurred to the other party (indemnitee) due to the act of the indemnitor or any other party. In contract law, a warranty has various meanings but generally means a guarantee or promise which provides assurance by one party to the other party that specific facts or conditions are true or will happen.

Similarities between Indemnity and Warranty

Indemnity and Warranty have 3 things in common (in Unionpedia): Contract, Legal remedy, Warranty.

Contract

A contract is a promise or set of promises that are legally enforceable and, if violated, allow the injured party access to legal remedies.

Contract and Indemnity · Contract and Warranty · See more »

Legal remedy

A legal remedy, also judicial relief or a judicial remedy, is the means with which a court of law, usually in the exercise of civil law jurisdiction, enforces a right, imposes a penalty, or makes another court order to impose its will.

Indemnity and Legal remedy · Legal remedy and Warranty · See more »

Warranty

In contract law, a warranty has various meanings but generally means a guarantee or promise which provides assurance by one party to the other party that specific facts or conditions are true or will happen.

Indemnity and Warranty · Warranty and Warranty · See more »

The list above answers the following questions

Indemnity and Warranty Comparison

Indemnity has 62 relations, while Warranty has 50. As they have in common 3, the Jaccard index is 2.68% = 3 / (62 + 50).

References

This article shows the relationship between Indemnity and Warranty. To access each article from which the information was extracted, please visit:

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