In a hold-harmless agreement, the 'indemnitor' is the party that:
Explicación
The indemnitor is the promisor: it agrees to assume, defend, or reimburse the indemnitee's specified losses. (c) is the indemnitee, and reversing the pair is the whole substance of this item. (a) is the insurer, which performs a comparable economic function under a policy rather than under the construction contract, and which is often what stands behind the indemnitor's promise. (b) belongs to the lien law. How far the promise can go is limited by Civil Code §2782, which makes indemnity for the promisee's sole negligence or willful misconduct void and unenforceable in a construction contract.
Referencia Legal: Civ. Code §2782Practica las 1632 preguntas gratis — sin registro.
Own the complete CSLB Law & Business guide — PDF + EPUB, $24.99 →
Preguntas relacionadas de este tema
- A certificate of insurance shows a policy in force for a full year, but the insurer cancelled that policy the following week. The holder's coverage is:
- On a private remodel with no notice of completion recorded, the owner moves in and all labor stops. The 90-day lien clock runs from:
- Why does an owner require the general contractor to furnish BOTH a performance bond and a payment bond?
- Why serve the preliminary notice at the start of a project, when payment is still arriving on time?
- Which statement about surety bonds is TRUE?
- A notice of completion was recorded on July 1. An unpaid drywall subcontractor wants to record a mechanics lien. The last day to record is approximately:
Última revisión: · proceso editorial