Principles of Economics 2e
2nd Edition
ISBN: 9781947172364
Author: Steven A. Greenlaw; David Shapiro
Publisher: OpenStax
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Question
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
- A fiduciary responsibility to the insurer
- An insurable interest in the auto
- A surety interest in the auto
- Rights of subrogation
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