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FLA Health and Life and Annuity Quiz With Answers
FLA 3355
FLA 3355
Unilateral Contract - CORRECT ANSWER-one-sided contract agreement in which an offeror promises to pay only after the completion of a task by the offeree. Aleatory Contract - CORRECT ANSWER-a contract where the values exchanged may not be equal but depend on an uncertain event. Contract of Adhesion - CORRECT ANSWER-the insured must accept the entire contract with all of its terms and conditions (The insurance contract is offered to the insured on an "as is," "take it or leave it" ...
ACADEMICS56
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