Looking for the answer to the question below related to Insurance?
Which Of The Following Statements About Aleatory Contracts Is Not True?
A) Insurance contracts are considered aleatory
B) The insured and the insurer have the potential for unequal contributions
C) The insured and the insurer contribute equally to the contract
D) Aleatory contracts are conditioned upon the occurrence of an event
The Correct Answer Is:
- C) The insured and the insurer contribute equally to the contract
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