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Template:Indemnity description: Difference between revisions
→It is not (necessarily) of indeterminate scope
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=====It is not (necessarily) of indeterminate scope===== | =====It is not (necessarily) of indeterminate scope===== | ||
Nor is a (well-crafted) {{tag|indemnity}} broader or of less determinate scope than any other contractual claim. A good one should have a predictable and reasonable financial consequence: It might be to reimburse taxes or similar unavoidable expenses a merchant incurs in performing the contract, that it would not, but for that contract. The sky should not fall in under the weight of a well-proportioned {{tag|indemnity}}. It is a precision tool to allocate responsibility for a narrow risk, not a weapon of mass destruction. | Nor is a (well-crafted) {{tag|indemnity}} broader or of less determinate scope than any other contractual claim. A good one should have a predictable and reasonable financial consequence: It might be to reimburse taxes or similar unavoidable expenses a merchant incurs in performing the contract, that it would not, but for that contract. The [[Chicken Licken|sky should not fall in]] under the weight of a well-proportioned {{tag|indemnity}}. | ||
It is a precision tool to allocate responsibility for a narrow risk, not a weapon of mass destruction. | |||
===You keep saying “''well-crafted'' [[indemnity]]”=== | ===You keep saying “''well-crafted'' [[indemnity]]”=== | ||