The right of an insurance company to stand in place of an insured against a third party; who is liable for the occurrence of a loss; is the principle of?

by | Dec 13 | Commerce JAMB | 0 comments

A. proximate cause
B. insurable interest
C. insurance priority
D. subrogation

Correct Answer:

Option C – insurance priority

Users Also Read These:

Copyright warnings! Do not copy.