O-LevelCommerceInsurance7100/11 · Oct/Nov 2012 · Q301 Mark

Mrs Ndoro's insured car is written off after an accident. The insurance company compensates her fully for the loss of her car. If the insurance company then takes over the damaged car, this illustrates the principle of

Acontribution.

Bproximate cause.

Csubrogation.

Dutmost good faith.

✓ Correct answer

C: subrogation.

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Topic: Insurance, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source: O-Level Commerce, Oct/Nov 2012 Paper 1 Variant 1, question 30.

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