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ANALYSIS AND APPLICATION OF PRIORITY OF INDEMNITY TO CONSTRUCTION CONTRACTOR |
GUO Qi-qi |
Chinese Railway Engineering General Co. |
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Abstract This paper describes the properties of priority of indemnity stipulated in clause 286 of ((Contract Law))and explores effective and reasonable application of priority of indemnity by construction enterprise. Priority of indemnity is an imperial sword to construction enterprise given by state law and construction contractor should use ii to resolve the problem of pryment in arrears.
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Received: 05 April 2004
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