49. What is indemnity and indemnification?

🤷🏻‍♀️ Indemnity or indemnification is a contract term in which one party agrees to be responsible for the liabilities of another. In other words, one party is agreeing to be responsible for any harms or losses that may arise from a certain scenario. But how far does this go? Can you have your client indemnify you? This week in the podcast, I try to explain all this and more without putting you to sleep!

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