2. Indemnity
a contract of Indemnity as a contract
by which one party promises to save
the other party from loss caused to
him
by the conduct of the promisor
himself, or by the conduct of any other
person.
Definition
4. Indemnity
Rights of the Indemnity Holders All damages which he may be
compelled to pay in any suit in respect
of any matter to which the promise to
indemnify applies
Section 69 implies a promise to
indemnify
5. Bailment
Definition A bailment is the delivery of goods
by one person to another for some
purpose, upon a contract that they
shall, when the purpose is
accomplished be returned or
otherwise disposed of according to
the directions of the persons
delivering them
10. Bailee
Duties 1. Care of Goods
2. Act According the Bailment
3. Mixing is Not Allowed
4. Should Not Deny The Title
5. Default of Responsibility
6. Return of Goods
7. Return at Proper Time
8. Return of Profit
9. Proper Use of Goods
11. Bailee
Rights
1. Bailer’s duty to disclose
faults in goods bailed
2. Payment of expenses in
Gratuitous Bailments
3. Responsibility for breach of
warranty of title
12. Bailer
Duties 1. Enforcement of rights
2. Bailment by several joint
owners
3. Bailee not responsible on re-
delivery to bailer without title
4. Bailee's Particular Lien
5. Bailee's General Lien Section