Jon contracts with Kino to buy a certain number of sheep for Kino's Animal Farm. Jon makes a deal with Lila for the sheep, but neither Jon nor Kino pays the price. Lila sues Jon for breach. Jon's right to hold Kino liable for any damages is the right to
A)none of the choices.
B)compensation.
C)indemnification.
D)reimbursement.

Question

Quizplus · Accepted Answer

Jon's right to hold Kino liable for any damages he has to pay to Lila is known as the right to indemnification. This means Jon can seek compensation from Kino for the losses or damages Jon incurs due to Kino's failure to fulfill their contractual obligations.

Jon Contracts with Kino to Buy a Certain Number of Sheep