Question
The legal process by which an insurance company, after
paying a loss, seeks to recover the amount of the loss from another party who is legally liable for it is termed as?Solution
Subrogation is a term describing a legal right held by most insurance carriers to legally pursue a third party that caused an insurance loss to the insured. This is done in order to recover the amount of the claim paid by the insurance carrier to the insured for the loss.
As per Consumer Protection Act, choose the correct code as mentioned below:
A. Unfair trade practice              Â
B. Unf...
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Under which section of the Transfer of property Act "Transfer of Property" is defined?
The Doctrine which is opposite of the Doctrine of Constructive Notice?
To enforce a right of pre-emption, period of limitation is:-
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Under Section 24 of Indian Contract Act which one of the following agreements is void?Â
"Decree" includes:
 Precept is issued by___ to __.
