Rita is a surety for Serena's loan from Title Lenders,Inc.Rita's right to "step into the shoes" of Title Lenders,after paying Serena's debt,and ex?er?cise any of the Title Lenders's rights against Serena is the right of

Question

Quizplus · Accepted Answer

The right that Rita has to step into the shoes of Title Lenders and exercise any of their rights against Serena is known as subrogation. This means that Rita has the right to seek reimbursement from Serena for the amount she paid on her behalf. Therefore, the best choice is D.

Rita Is a Surety for Serena's Loan from Title Lenders,Inc