Which One of the Following Is False Concerning Subrogation

question 51

Multiple Choice

Which one of the following is false concerning subrogation?

• A)it reinforces the principle of indemnity
• B)it holds rates below what they would otherwise be
• C)it places the burden of loss on one or more responsible parties
• D)the insured can never receive any money collected through subrogation

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Definitions:

Spontaneous Innovation

The process of creating new and inventive ideas or products without a premeditated plan, often resulting from sudden inspiration.

Quadpacer Interval Timer

A feature commonly found in electric toothbrushes that indicates to users when to switch to cleaning a different quadrant of the mouth.

Discontinuous Innovation

Introduces a product or service that fundamentally changes an industry or how consumers interact with a market, often rendering existing solutions obsolete.

Dynamically Continuous Innovation

An intermediate level of newness in product development that significantly alters a product or its usage but does not completely change market dynamics.