The right of a person who pays another's debt to be substituted for all rights in relation to the debt is referred to as ___________.

Name: The right of a person who pays another's debt to be substituted for all rights in relation to the debt is referred to as ___________.
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Question

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Subrogation is the legal right held by a party, such as an insurer, to pursue a third party that caused an insurance loss to the insured. This right is used to recover the amount of the claim paid to the insured for the loss.

The Right of a Person Who Pays Another's Debt to Be