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Subrogation is:

Subrogation is:

A.

legal right of the distributer to recover from vendors who may be wholly responsible for the loss paid under the terms of the agreement.

B.

legal right of the insurer to recover from a third party who may be wholly or partly responsible for the loss paid under the terms of the policy.

C.

legal right of the claimer to recover from the organization that may be wholly or partly responsible for the loss paid under the terms of the company’s policy.

D.

legal right of the business to recover from a third party who may be wholly responsible for the loss paid under the terms of the policy.

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