Chapter 4 - Mistaking Indemnities for Remedies or Punishments

Chapter 4 addresses the mistake of treating indemnities like remedies for breach of contract or other wrongdoing - and the complex problems that result. It debunks myths and misunderstandings about the nature of indemnity. And it addresses the relationship between indemnities and terms like the warranty and limit of liability, and how these typical misunderstandings block comprehension of those relationships, leading to bad contract-drafting.

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