Examlex
Which of the following is TRUE?
Subrogation
The right of the insurer upon payment to take over the rights of the insured in relation to whoever caused the injury.
Guarantor
A person assuming obligation to pay if the debtor does not.
Real Property
Land, buildings attached to the land, and items called fixtures, that is, items that are attached to the land or to a building or to another fixture attached to the land.
Personal Property
Tangible, movable goods (chattels) and intangible claims (choses in action).
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