What are common indemnification issues in contracts?
An example of an AI chatbot conversation about common indemnification issues in contracts.
What are common indemnification issues in contracts?
Common indemnification issues include unclear language, scope of indemnity, and limitations on liability.
Can you explain what scope of indemnity means?
Scope of indemnity refers to the extent of protection provided, including what actions or damages are covered.
What should I look for in an indemnification clause?
Look for clarity in language, specific obligations, and any exclusions or limitations that may apply.
How can I negotiate better indemnification terms?
Focus on defining clear terms, limiting liability, and ensuring mutual protection for both parties.
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