In what way are insurance policies said to be aleatory?
In what way are insurance policies said to be aleatory?
A. Only one party makes any kind of enforceable promise
B. Involves the potential for the unequal exchange of value
C. Contract is prepared by only one party
D. Vagueness in a contract's wording is resolved in favor of the policyowner
Answer: B. Involves the potential for the unequal exchange of value
Comments
Post a Comment