This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following is correct with respect to the principle of subrogation as it relates to insurance law? (Read 63 times)

soccerdreamer_17

  • Hero Member
  • *****
  • Posts: 552
on: Aug 7, 2021
Which of the following is correct with respect to the principle of subrogation as it relates to insurance law?
◦ Subrogation refers to the principle that, if an insurance company pays out on a policy, it assumes all of the rights of the insured against the person causing the loss.
◦ Subrogation refers to the practice of insurance companies taking out their own insurance where a policy involves potentially large losses or high risk.
◦ Subrogation refers to the principle that the insured cannot benefit from his own wrongdoing.
◦ Subrogation refers to the insured's right to demand payment from the insurance company if the insured-against event takes place.
◦ Subrogation refers to the principle that, if the insured does not take out enough insurance, he will be taken to be responsible for a portion of any loss incurred.
Legal Fundamentals for Canadian Business ¦ Yates ¦ 4th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by soccerdreamer_17 on Aug 7, 2021

Danny Ewald

  • Sr. Member
  • ****
  • Posts: 332
Reply #1 on: Aug 7, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly


soccerdreamer_17

  • Member
  • Posts: 552
Reply 2 on: Aug 7, 2021
Wow, this really help

jackie

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Anyone relates? :P Anyone relates? :P
When the United States gets stuck over a controversial issue—usually something a divided Congress ca When the United States gets stuck over a controversial issue—usually something a divided Congress ca
Each of the eight injectors shown are producing a correct spray pattern for the applications. While ... Each of the eight injectors shown are producing a correct spray pattern for the applications. While ...
Stacking the joints. A. Correct thumb–wrist alignment for applying direct pressure. B. Incorrect ... Stacking the joints. A. Correct thumb–wrist alignment for applying direct pressure. B. Incorrect ...
The Principle of Falsifiability The Principle of Falsifiability
Is my concept map correct? (Grade 12 Bio) Is my concept map correct? (Grade 12 Bio)
Video: How does asthma work?And How do you treat asthma?

For a complete list of videos, visit our video library