Mastering Contracts: Indemnity vs. Guarantee Explained by Experts | Growth Mindset Company
Published 2024-06-16
📌 What You'll Learn:
Detailed definitions and key characteristics of indemnity and guarantee contracts.
Practical applications and management of these contracts in various sectors.
Real-world examples and case studies to illustrate complex legal concepts.
The significant differences between indemnity and guarantee contracts.
By the end of this video, you'll have a clear understanding of how to effectively navigate and manage these contracts, ensuring financial security and risk mitigation in your professional practice.
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#Contracts #Indemnity #Guarantee #ContractManagement #ProjectManagement #LegalProfession #GrowthMindset
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Time Stamps:
00:03 Introduction to Contracts of Indemnity and Guarantee
02:03 Overview of Valid and Void Contracts
04:06 Detailed Explanation of Voidable and Illegal Contracts
06:07 Differences Between Executed and Executory Contracts
08:07 Understanding Express and Implied Contracts
10:07 Introduction to Quasi Contracts and Their Importance
12:10 Specifics of Valid and Void Contracts
14:07 Discussion on Voidable Contracts
16:07 Executed vs. Executory Contracts
18:07 Express vs. Implied Contracts
20:07 Constructive or Quasi Contracts
22:10 Principles of Quasi Contracts and Relevant Case Laws
24:11 Exploring Privity of Contract
26:11 Principles and Examples of Privity of Contract
28:11 Contingent Contracts and Their Applications
30:11 Differences Between Indemnity and Guarantee
32:11 Understanding Novation Contracts
34:11 Rights of Subrogation in Contracts of Guarantee
36:11 Summary of Contracts of Indemnity and Guaran