Contract Act (Cap. 53): Primary legislation governing contract formation, validity, and enforcement in Singapore. Essential for ensuring the indemnity agreement meets basic contractual requirements.
Common Law Principles: Fundamental principles from case law that govern contract formation, including offer, acceptance, consideration, and intention to create legal relations.
Civil Law Act (Cap. 43): Key legislation that modifies and supplements common law principles in Singapore's context, particularly relevant for contractual obligations.
Limitation Act (Cap. 163): Establishes statutory time limits for bringing legal claims and enforcement of contractual rights, including indemnity claims.
Unfair Contract Terms Act (Cap. 396): Regulates and restricts the use of exclusion and limitation clauses, ensuring indemnity terms are reasonable and enforceable.
Misrepresentation Act (Cap. 390): Governs false or misleading statements made during contract formation, relevant for representations in indemnity agreements.
Third Parties (Rights against Insurers) Act: Relevant when indemnity involves insurance aspects, protecting rights of third parties in insurance-related matters.
Causation Principle: Legal principle determining the connection between breach and damages, essential for defining scope of indemnification.
Remoteness of Damage: Principle limiting recovery to reasonably foreseeable losses, important for defining extent of indemnity coverage.
Consideration Doctrine: Legal requirement that each party must provide something of value for the contract to be binding, applicable to indemnity agreements.
