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Letter to the Editor

Aug. 17, 2011

A lesson in indemnity

A reader responds to "An indemnity clause by any other name."

LETTERS TO THE EDITOR COLUMN

The article, "An indemnity clause by any other name," by Dan Jacobson published August 3 was interesting and thoughtful, but wrong in one particular. Contrary to Jacobson's assertion, indemnification agreements are not generally covered by the statute of frauds and therefore need not be in writing. They are capable of being performed within one year, and are original obligations - not a promise to answer for the debt, de...

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