Koncision » Indemnification: A Misunderstood Concept

Indemnification: A Misunderstood Concept

In this recent blog post I explained why I’m not a fan of imposing on a party an obligation that it doesn’t have control over. Rather than engage in that sort of indirect and counterintuitive risk allocation, I’d rather make my risk allocation explicit. One way to do that is by providing for indemnification.

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