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Question
Acme, Inc. owned a warehouse that was insured under a property insurance policy issued by Feelsafe Insurance Co. The warehouse was heavily damaged when a fire that was negligently started by a hotdog stand worker (an employee of Funfoods Corp.) went out of control and engulfed portions of the building. Since fire was a covered peril, Feelsafe paid the claim submitted by Acme. What rights, if any, does Feelsafe acquire? Explain.
Answer
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