Sue's office building was damaged by a fire caused by a careless tenant.After paying Sue for the loss,the insurance company sued the tenant to recover its loss.This suit is based on the principle of
A) warranty.
B) insurable interest.
C) utmost good faith.
D) subrogation.
Correct Answer:
Verified
Q4: Fundamental purposes of the principle of indemnity
Q5: Which of the following statements about the
Q6: Which of the following statements about an
Q7: When must an insurable interest legally exist
Q8: When must an insurable interest legally exist
Q10: All of the following will support an
Q11: Which of the following statements about subrogation
Q12: Which of the following is a fundamental
Q13: Which of the following statements about subrogation
Q14: A total loss under a valued policy
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