Which One of the Following Is False Concerning Subrogation

question 27

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:

Newborn Grandchild

A recently born child of one's son or daughter.

Classical Conditioning

A type of learning process in which a neutral stimulus becomes associated with a meaningful stimulus, eliciting a conditioned response.

Semantic Memory

The memory of meanings, understandings, and other concept-based knowledge unrelated to specific experiences.

Episodic Memory

A kind of enduring memory that pertains to the recall of particular incidents, conditions, and personal encounters.