Multiple Choice
William owned a factory that was burned to the ground as a result of Jefferson's negligence.Happily, William had purchased first-party coverage from Clinton Insurance Corp (CIC) .Which of the following statements is most likely to be TRUE?
A) William will receive compensation from Jefferson.
B) William will receive some compensation from Jefferson and the rest from CIc.
C) Jefferson will be subrogated to William's position.
D) CIC will sue Jefferson in tort.
E) Because of the doctrine of indemnification, CIC must repay William's insurance premiums if a court holds Jefferson liable to CIc.
Correct Answer:

Verified
Correct Answer:
Verified
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