asked 36.9k views
1 vote
Quince owns a used-car lot where ray works as a salesperson. quince tells ray not to make any warranties for the cars. to make a sale to sylvia, however, ray adds a 50,000-mile warranty. later, sylvia sues quince for breach of warranty. quince's right to hold ray liable for any damages he has to pay is the right of

a. ​indemnification.
b. ​reimbursement.
c. ​cooperation.
d. ​avoidance.

asked
User Unis
by
8.1k points

1 Answer

1 vote
Quince's right to hold ray liable for any damages he has to pay is the right of indemnification. The correct answer is letter A. Indemnification is defined as a contractual obligation by which one party is obliged to compensate the loss by which the associated party has experienced because of the act done by the other.
answered
User Chubbsondubs
by
7.6k points
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