Home » Commerce » When an insurance company indemnifies the insured and takes over his rights, this is known…When an insurance company indemnifies the insured and takes over his rights, this is known… When an insurance company indemnifies the insured and takes over his rights, this is known as? A. abandonment B. subrogation C. proximate cause D. contribution Correct Answer: Option B Explanation Related Posts The art of combining human, material and other resources to achieve the stated goals of… Commercial banks are referred to as departmental stores of banking because they A wholesaler who acts as an agent on behalf of the owner of the goods… The rate at which the country’s import exchanges for its export is known as Treasury bills are bought and sold in the The insured is the?
