This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A contract in which the values exchanged are not equal because chance is involved is called a(n) ... (Read 108 times)

bcretired

  • Hero Member
  • *****
  • Posts: 525
on: Jul 11, 2018
A contract in which the values exchanged are not equal because chance is involved is called a(n)
 
  A) contract of adhesion.
  B) unilateral contract.
  C) conditional contract.
  D) aleatory contract.

Question 2

What is the practical effect of an insurance contract being a contract of adhesion?
 
  A) The insurer can refuse to pay claims if the insured has not complied with all policy provisions.
  B) The insured can assign the policy only with the insurer's consent.
  C) The insurer can sue the insured for failure to pay any premiums.
  D) The policy is interpreted in the insured's favor if the policy contains any ambiguities or uncertainties.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Ptupou85

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jul 11, 2018
Answer to Question 1

Answer: D

Answer to Question 2

Answer: D


bcretired

  • Hero Member
  • *****
  • Posts: 525
Reply #2 on: Jul 11, 2018
Thank you :)


Ptupou85

  • Sr. Member
  • ****
  • Posts: 334
Reply #3 on: Jul 11, 2018
Happy to help you


« previous next »
 

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Herbert Spencer (1820–1903), sometimes called the second founder of sociology, coined the term ... Herbert Spencer (1820–1903), sometimes called the second founder of sociology, coined the term ...
The National Organization for Women holds a rally in Illinois for the Equal Rights Amendment. In ... The National Organization for Women holds a rally in Illinois for the Equal Rights Amendment. In ...
Decimal Point Place Values Decimal Point Place Values
The processes involved in urine formation. The processes involved in urine formation.
How to create a table of values displaying commission and earnings (Question 2) How to create a table of values displaying commission and earnings (Question 2)
Types of cells involved in the inflammatory response Types of cells involved in the inflammatory response
Video: Structures that affect circulation - arterioles and vasomotor responses and venous return

For a complete list of videos, visit our video library