A Surety That Has Made Payment of a Claim for Which

question 39

Multiple Choice

A surety that has made payment of a claim for which it was liable as a surety is entitled to which of the following from the principal?

• A) Indemnity
• B) Exoneration
• C) Assignment
• D) Subrogation

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Definitions:

Effect

The change that is a result or consequence of an action or other cause.

Counter-regulation

The phenomenon where an individual's effort to regulate their behavior in one area leads to loss of control or excessive behavior in another area.

Restricted-calorie Diets

Dietary regimes that limit calorie intake with the aim of promoting weight loss, improving health, and extending lifespan by reducing energy consumption below usual levels without causing malnutrition.

Cheeseburger

A hamburger served with a slice of cheese on top of the meat patty.