In an insurance contract, only one party is legally bound to perform under the contract. This describes

Insurance

Are you looking for the correct answer to the question “In an insurance contract, only one party is legally bound to perform under the contract. This describes”? If that’s the case, you don’t have to worry anymore. Azanswer team is here with the right answer to your question. Please check below to know the answer.

In an insurance contract, only one party is legally bound to perform under the contract. This describes

A) an aleatory contract

B) a conditional contract

C) a unilateral contract

D) an adhesive contract

Answer: a unilateral contract

The above question In an insurance contract, only one party is legally bound to perform under the contract. This describes, Was part of Insurance MCQs & Answers. I hope you got the correct answer to your question. Have a great time ahead.