under the principle of subrogation, the insurer has the right to?

COMMERCE
WAEC 2017

under the principle of subrogation, the insurer has the right to?

  • A. abrogate the contract
  • B. re-insure the property
  • C. take over any legal rights of the insured
  • D. take over all the liabilities of the insured

Correct Answer: C. take over any legal rights of the insured



Post an Explanation Or Report an Error
If you see any wrong question or answer, please leave a comment below and we'll take a look. If you doubt why the selected answer is correct or need additional more details? Please drop a comment or Contact us directly. Your email address will not be published. Required fields are marked *
Add Math
Don't want to keep filling in name and email whenever you make a contribution? Register or login to make contributing easier.