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When an insurance company indemnifies the insured and takes over his rights, this is ...
Classroom
Commerce Classroom
Waec
Waec 2000
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When an insurance company indemnifies the insured and takes over his rights, this is known as?
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
Abandonment
B
Subrogation
C
Proximate cause
D
Contribution
Show Answer
Show Explanation
Correct Answer:
Option B
Explanation:
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Study Subjects
Accounts - Principles of Accounts
Animal Husbandry
Aptitude Test
Agricultural Science
Arabic
Auto Mechanics
Basic Electronics
Biology
Bookkeeping
Block laying, bricklaying, and concreting work
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