Who bears more risk an indemnifier or a guarantor?

A guarantor bears more risk than an indemnifier. This is because the guarantor of a guarantee is liable for the principal debtor default, whereas the indemnifier of an indemnity is only liable for the loss suffered by the indemnified party.

Can an indemnity and a guarantee coexist in the same contract?

Yes, it is possible for a contract to contain both an indemnity clause and a guarantee clause, depending on the nature of the agreement and the parties involved.

What is the purpose of an indemnity and a guarantee?

The purpose of an indemnity is to compensate for a loss, while the purpose of a guarantee is to ensure the performance of an obligation.

Are indemnities and guarantees enforceable by law?

Yes, both indemnities and guarantees are legally binding and enforceable by law, provided they meet the necessary legal requirements.

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