Principles of Economics 2e
Principles of Economics 2e
2nd Edition
ISBN: 9781947172364
Author: Steven A. Greenlaw; David Shapiro
Publisher: OpenStax
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A bank that provides financing for the purchase of an auto may require the insured to name the bank on an auto policy to this situation, the bank would have

  1. A fiduciary responsibility to the insurer
  2. An insurable interest in the auto
  3. A surety interest in the auto
  4. Rights of subrogation
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