Bảo hiểm & Quyền cầm giữCâu 1486 / 1605
An indemnity (hold-harmless) clause in a construction subcontract typically operates to:
a.Transfer the project schedule risk
b.Eliminate the need for any insurance
c.Waive the owner's right to a mechanics lien release
d.Shift specified liability and defense costs from one party (the indemnitee) to another (the indemnitor)
Giải thích
An indemnity/hold-harmless clause reallocates liability by having the indemnitor agree to defend and/or reimburse the indemnitee for specified claims. It is a contractual risk-shifting device, often backed by insurance, and is distinct from schedule or lien provisions.
Luyện miễn phí toàn bộ 1605 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- A 'certificate of insurance' (COI) provided by a subcontractor to a prime contractor:
- When a prime contractor is named as an 'additional insured' on a subcontractor's CGL policy, the practical benefit to the prime is that:
- Which statement best distinguishes a SURETY BOND from an INSURANCE policy?
- A recorded mechanics lien claim in California must include, among other things, a statement of the claimant's demand, the name of the owner, a description of the site, and:
- Under current California law, a mechanics lien is generally NOT enforceable unless the claimant:
- An owner who learns that work is being done on their property without their authorization (e.g., by a tenant) can limit exposure to mechanics liens by recording and posting a:
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Người kiểm duyệt Abraham Chen — Licensed California General Contractor (CSLB License #1101856 — kiểm tra)