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Indemnities are generally viewed as onerous obligations. A request for one will usually be met with a sharp intake of breath, particularly from the legal department. | |||
Indemnities are nothing more than a contractual promises to pay an ascertainable amount of money should a defined circumstance arise, but boy do people get bent out of shape about them. There is much misapprehension. Much Fear. Much Loathing. Much ignorance. | Indemnities are nothing more than a contractual promises to pay an ascertainable amount of money should a defined circumstance arise, but boy do people get bent out of shape about them. There is much misapprehension. Much Fear. Much Loathing. Much ignorance. | ||