This topic contains a solution. Click here to go to the answer

Author Question: The general rule that ambiguity in insurance contracts is construed against the insurer is ... (Read 49 times)

luvbio

  • Hero Member
  • *****
  • Posts: 623
The general rule that ambiguity in insurance contracts is construed against the insurer is reinforced by an important legal principle.
 
  This principle states the insured is entitled to coverage under a policy that he or she would assume the policy would provide, and exclusions must be conspicuous, plain, and clear. This principle is known as
  A) the principle of utmost good faith.
  B) the principle of reasonable expectations.
  C) the principle of subrogation.
  D) the principle of indemnity.

Question 2

Which distinct legal characteristic of insurance contracts states that only the insurer's promise to perform is legally enforceable?
 
  A) contracts of adhesion
  B) unilateral contracts
  C) aleatory contracts
  D) personal contracts



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

wilsonbho

  • Sr. Member
  • ****
  • Posts: 322
Answer to Question 1

Answer: B

Answer to Question 2

Answer: B




luvbio

  • Member
  • Posts: 623
Reply 2 on: Jul 11, 2018
YES! Correct, THANKS for helping me on my review


scikid

  • Member
  • Posts: 300
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

For a complete list of videos, visit our video library