Contract of indemnity

• A person cannot be compelled to perform an act which he has no legal right to do, nor can he be made liable for damages arising from his failure to do such act.
• The contract is not enforceable if the obligation to be performed by the promisor is impossible or unlawful.
• An indemnitor may seek reimbursement from another party who caused the loss covered under the indemnification agreement.
• If there are multiple parties involved in causing the loss, they will all be responsible for paying their share of the losses suffered by the indemnitee.
• Indemnitors must prove that the third-party's negligence was the sole cause of the loss.
• Sales of good act
• Title to goods passes from seller to buyer upon delivery.
• Buyer agrees to purchase goods from seller at specified price and time.
• Goods must conform with description provided by seller.
• Risk of loss or damage to the goods transfers to the buyer at the time of delivery.
• Risk of loss or damage to goods transfers from seller to buyer when goods are delivered.
• The contract is enforceable against both parties unless it violates public policy or is unconscionable.
• Sales of goods act
• Offer - an expression of willingness to enter into a legal relationship on certain terms.
• Consideration - something given in exchange for another thing, such as money or property.
• Acceptance - indicates assent to all material terms proposed by the offeror, including price, quantity, quality, and delivery date.
• Capacity - refers to whether the parties have the legal capacity to enter into a binding contract.
• Consideration - refers to something given up by one party as compensation for what they receive under the agreement.