Commerce > 2012 > 19
JAMB UTME
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
A.
proximate clause
B.
insurable interest
C.
insurance priority
D.
subrogation
Answer: D
To see detailed solution to this question and thousands of other questions offline, download TestDriller UTME. Practice rigorously for UTME, enjoy educational games, summary of JAMB literature books, compete with your peers, win prizes and more.
09037778195