An 'indemnification' (hold harmless) clause in a construction contract generally requires one party to:
Giải thích
An indemnity shifts the financial consequence of a claim from one party to another — the subcontractor agrees that if a third party sues the general over the sub's work, the sub carries it. California regulates construction indemnity heavily: Civil Code §2782 makes void any clause purporting to indemnify the promisee against liability arising from the promisee's OWN sole negligence or wilful misconduct, or for defects in design it furnished, and §2782.05 further limits Type I indemnity in most private construction subcontracts. (b) confuses indemnity with a time extension; indemnity moves money, not schedule. (c) and (d) describe giving away the work or the payment, which no indemnity does — the clause allocates the risk of THIRD-PARTY claims, not the parties' own exchange.
Trích dẫn luật: Civil Code §2782, §2782.05Luyện miễn phí toàn bộ 1632 câu hỏi — không cần đăng ký.
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Câu hỏi liên quan cùng chủ đề
- A contract that is unfair and one-sided to the point of shocking the conscience, formed under grossly unequal bargaining power, may be held unenforceable as:
- A 'scope of work' provision in a construction contract is important primarily because it:
- When a contract's documents conflict, an 'order of precedence' clause is used to:
- A 'severability' (savings) clause provides that if one provision of the contract is found invalid:
- An 'attorney fees' clause in a contract typically provides that:
- A contractor and owner sign a contract, then later sign a separate written agreement that clearly changes the completion date and adds $6,000 in scope. This later signed agreement is best described as:
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