According to the research, the transfer of the right of recovery from the insured to the insurance company is called <u>Subrogation</u>.
<h3>What is s
ubrogation?</h3>
It consists of changing the debtor or the lender in a financing, which produces a delegation or a succession of duties.
It is linked to subrogating a legal or natural person for another, replacing it, modifying the contract in terms of fulfilling an obligation or exercising an attribution.
Therefore, we can conclude that according to the research, the transfer of the right of recovery from the insured to the insurance company is called <u>Subrogation</u>.
Learn more about Subrogation here: brainly.com/question/14632197
#SPJ1
<u>Explanation:</u>
The opportunity cost is the cost that is foregone for building an airport. As the government spending is limited by investing in one plan means it has to forego the other plans. The societal decisions are affected with opportunity cost. Swaizland is a small country and the people's income are lower to afford to pay for air tickets and travel. So airport might be of less use to the country when compared to other essentials which government can spend on.
The cost of building an airport in this under developed city increases the opportunity cost. As the investment can be used towards investing in housing, industrial development, educational facilities etc.
Answer:
B. pay-as-you-go.
Explanation:
Pay-as-you-go business model is one in which the consumer is only charged for what he utilised, the more he uses a product the more he will pay.
This business model provides great satisfaction for the customer because he perceives it as a fair payment system where there is no overcharging for use of a product.
TravelCheap Inc. is using pay-as-you-go. Customers that rent cars for long journeys pay more than those that rent for just a mile drive.
Answer:
The answer is Fisher effect
Explanation:
The Fisher Effect is an economic theory depicts the relationship between inflation and interest rates. Real interest rates decreases as inflation increases
The Fisher Effect's formula is:
Real interest rate = the nominal interest rate - the expected inflation rate.
Therefore, Fisher effect occurs in countries here inflation is expected to be high, interest rates also will be high, because investors want compensation for the decline in the value of their money
11. Prioritizing steps to solve the problem.
12. Addressing the cause of the problem
13. To reach fair negotiations with all concerned parties.
I'm not 100% certain on these answers but I hope I help to my best ability.