Taylor Corp

Multiple Choice

Taylor Corp.rents a warehouse where it conducts a small manufacturing operation.As a condition of its lease,it pays a fire insurance premium.Taylor needs more room and rents larger quarters.Taylor then subleases its old warehouse to Mack.Taylor also assigns its already-paid insurance policy to Mack.This action is:

A) appropriate,so long as Taylor and Mack agree to it.
B) appropriate,so long as the landlord agrees to it.
C) not binding on the insurer.
D) totally within the rights of Taylor,who already paid the premium.