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BLUE BIRD Construction company (Risk transferee) and the GIANT Inc. (GIANT, Risk transferor) have signed an intermediate form of hold harmless agreement. During the contract

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BLUE BIRD Construction company (Risk transferee) and the GIANT Inc. (GIANT, Risk transferor) have signed an intermediate form of hold harmless agreement. During the contract period, if a liability loss is jointly caused by BLUE BIRD Construction (30%) and GIANT (70%), which party should be responsible for paying the loss? a BLUE BIRD pays 100% of the loss b. GIANT pays 100% of the loss c. BLUE BIRD pays 30% of the loss and GIANT pays 70% d. None of above

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