425,043 views
39 votes
39 votes
Rangle contracts with Siena to buy a certain horse for her. Rangle makes a deal with Timberline Stables, the owner of the horse, and makes a down payment. Siena fails to pay the rest of the price. Timberline sues Rangle for breach of contract. His right to hold Siena liable for any damages that he has to pay is the right of ___________.

User Pawel Hofman
by
2.7k points

1 Answer

5 votes
5 votes

Answer: Indemnification

Step-by-step explanation:

Indemnification could be defined as securing or guarding to provide a payment to someone who has incurred loss. It is making compensation for a loss that occured.

Rangle has the right to sue Siena for indemnification because she would make him incur loss as he has been sued by Timberline Stables for a breach of contract.

User Nikko
by
2.6k points