What does an indemnity clause in a contract provide?

Select one:

a. The party providing the indemnity is the only party that can be sued for the loss and expense suffered by the party being indemnified

b. Any losses or expenses incurred by one party will be shared by both parties

c. Any losses or expenses incurred by one party will be paid for by the other party

d. Any profits made by one party will be shared by both parties

The procedure in higher courts is more formal and complex than it is in lower courts.

Select one:

True

False