This question has been answered by rmahuja on Mar 11, 2013. View Solution
Fayeyee posted a question Mar 11, 2013 at 12:09am
Jay is a surety for Karen's loan from Little Bank. Jay's right to be repaid by Karen after having paid her debt is the right of
a. contribution.
b. redemption.
c. reimbursement.
d. subrogation.

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answered the question Mar 11, 2013 at 1:32am
Questions Answered: 157
Subrogation is the doctrine whereby the rights of remedies of one person over third person is taken by one person. It may...  View Full Answer

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