Subrogation in Insurance Law Is the

question 62

Multiple Choice

Subrogation in insurance law is the

• A)insurer's right to retain damaged goods and recover the residual value of them when an insurance payout has been made.
• B)acquisition by the insurer of the insured's right to sue third parties upon the insurer paying the insured's losses.
• C)protection afforded an employee under a fidelity bond.
• D)process of making additions to coverage under an insurance policy through use of riders.
• E)selling of book debts without recourse to a factor.

Recognize the importance of post-audit in capital budgeting and how it can provide feedback on the investment's performance.

Understand the effect of tax implications on cash flows from capital investments.

Understand the concepts of payback method and time value of money in capital budgeting decisions.

Identify the role of preference decisions in the context of capital budgeting.

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Definitions:

Gender Prejudice

Preconceived opinions or judgments about an individual or group based on gender, often leading to discrimination or inequality.

Discrimination

The unjust or prejudicial treatment of different categories of people or things, particularly on the grounds of race, age, or sex.

Implicit Prejudice

The subconscious negative evaluation or biases against individuals or groups, which can influence behavior and perceptions without conscious awareness.

Explicit Prejudice

A form of prejudice that individuals are consciously aware of and can express openly, involving negative attitudes or beliefs towards a group.