An insurance contract is prepared by one party, the insurer, rather than through negotiation between the contracting parties. Which of the following statements explains this characteristic of insurance contracts?
A) The insurance contract is an aleatory contract.
B) The insurance contract is a unilateral contract.
C) The insurance contract is a conditional contract.
D) The insurance contract is a contract of adhesion."
Ans: D) The insurance contract is a contract of adhesion."
Business
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a. competition b. punishment c. process d. content e. reinforcement
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A low, or permissive, discipline line permits maximum freedom because it calls for a minimum of control or supervision
Indicate whether the statement is true or false
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