Edna needed some extra cash for a temporary cash flow problem. She opted to borrow against the money she was owed and expected to collect next month. Edna used what method of increasing cash flows?

The term aleatory is best defined by which of the following?

A. Unequal exchange in value B. Only one party to the contract is bound by a legally enforceable obligation C. If in dispute, the courts rule in favor of the insured, not the insurer D. Both parties to the contract are required to disclose to the other all material information

In a contract involving a competent person and a person adjudged insane, either party can enforce the contract

Indicate whether the statement is true or false