When an insurance company indemnifies the insured and tak...
When an insurance company indemnifies the insured and takes over his rights, this is known as?
abandonment
subrogation
proximate cause
contribution
Correct answer is B
No explanation has been provided for this answer.
The minimum charge at which the Central Bank lend to commercial banks is called? ...
Which of the following is a non-indemnity insurance? ...
The refund of a duty which had been paid on importation that are later re-exported is known as? ...
A cheque drawn by a bank on itself is a/an ...
Which of the following is a disadvantage of foreign trade? ...