<Ul> <Li> An indemnity guarantees compensation equal to the amount of loss subject to the indemnity, while a warranty only guarantees compensation for the reduction in value of the acquired asset due to the warranted fact being untrue (and the beneficiary must prove such diminution in value). </Li> <Li> Warranties require the beneficiary to mitigate their losses, while indemnities do not . </Li> <Li> Warranties do not cover problems known to the beneficiary at the time the warranty is given, while indemnities do . </Li> </Ul> <Li> An indemnity guarantees compensation equal to the amount of loss subject to the indemnity, while a warranty only guarantees compensation for the reduction in value of the acquired asset due to the warranted fact being untrue (and the beneficiary must prove such diminution in value). </Li> <Li> Warranties require the beneficiary to mitigate their losses, while indemnities do not . </Li> <Li> Warranties do not cover problems known to the beneficiary at the time the warranty is given, while indemnities do . </Li>

Who gives indemnity at his own not on the request of third party