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=====An {{tag|indemnity}} does ''not'' require a [[breach of contract]]. In fact they should be ''mutually exclusive''===== | =====An {{tag|indemnity}} does ''not'' require a [[breach of contract]]. In fact they should be ''mutually exclusive''===== | ||
{{indemnity for breach of contract capsule}} | |||
=====An {{tag|indemnity}} is ''not'' (necessarily) of indeterminate scope===== | =====An {{tag|indemnity}} 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 [[Chicken Licken|sky should not fall in]] under the weight of a well-proportioned {{tag|indemnity}}. | 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}}. |