The principle of insurance which entitles an insurance co...
The principle of insurance which entitles an insurance company to take any advantage due to the insured after full indemnity is?
contribution
subrogation
promiate cause
utmost good faith
Correct answer is B
Subrogation is a term describing a right held by most insurance companies to legally pursue a third party that caused an insurance loss to the insured.
A group of computers that exchange data is referred to as ...
The type of computer commonly found in office is? ...
Resources commited into the production of relatively few commodities is known as ...
The practice of selling some goods below market price to attract more customers is known as ...
To which of the following occupations does a broker belong? ...
which of the following currencies does/do not belong to any country within the ECOWAS? ...
An agreement by the insurer to compensate the insured for losses suffered is? ...
Foreign trade transactions are carrried out through the use of ...