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In Section 124 of the Indian Contract Act, 1872, the person who promises to make good the loss is called:

Under section 124, the person who promises to make good the loss is called the indemnifier, while the person protected is the indemnity-holder.

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In Section 124 of the Indian Contract Act, 1872, the person who promises to make good the loss is called:

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Correct answer B

Under section 124, the person who promises to make good the loss is called the indemnifier, while the person protected is the indemnity-holder.

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