Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

10.>Where two.or.more.insurers share.the.payout.of a.loss.to an insured, .it.is .as.result. of1) a) - subrogation. 1 b) - contribution. 1 c) -> co-insurance. d)- endorsements. e) - none

image text in transcribed

image text in transcribed
10.>Where two.or.more.insurers share.the.payout.of a.loss.to an insured, .it.is .as.result. of1) a) - subrogation. 1 b) - contribution. 1 c) -> co-insurance. d)- endorsements. e) - none of these. 1

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Essentials of Business Law and the Legal Environment

Authors: Richard A. Mann, Barry S. Roberts

9th edition

324303957, 324303955, 978-0324303957

More Books

Students also viewed these Law questions

Question

What are the four Methods for Maintaining Corporate Culture

Answered: 1 week ago

Question

What is Accounting?

Answered: 1 week ago

Question

Define organisation chart

Answered: 1 week ago

Question

What are the advantages of planning ?

Answered: 1 week ago

Question

Explain the factors that determine the degree of decentralisation

Answered: 1 week ago

Question

What Is acidity?

Answered: 1 week ago

Question

Go, do not wait until I come

Answered: 1 week ago

Question

Make eye contact when talking and listening

Answered: 1 week ago

Question

Do not go, wait until I come

Answered: 1 week ago