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What Do the Terms Indemnity and Subrogation Mean in the Context

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Essay

What do the terms indemnity and subrogation mean in the context of insurance policies?


Definitions:

Alkene

A hydrocarbon that contains at least one carbon-carbon double bond.

Molecular Formula

A notation that shows the number and type of atoms in a molecule but not the bonds or structure.

Alkenes

Unsaturated hydrocarbons containing one or more double bonds, which influence their chemical reactions and properties.

Hydrogenation

The chemical process of adding hydrogen to an organic compound, often to reduce double or triple bonds to single bonds.

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