General Insurance Principles第 172 / 474 题
An insured pays $1,400 of premium and later collects $90,000 after a fire. This unequal exchange of value shows that the policy is:
a.executed, because both duties are fully performed
b.unilateral, because only the insurer makes a promise
c.conditional, because duties depend on conditions met
d.aleatory, because the amounts exchanged depend on chance
解析
An aleatory contract is one in which the dollars each side gives up may be wildly unequal and depend on an uncertain event. The unilateral and conditional answers are true statements about a policy, but they describe who is legally bound and what must be done first, not the lopsided exchange in the question. A policy is executory, not executed, because the insurer's duty lies in the future.
免费刷完整 474 道题库 — 无需注册。
Own the complete Personal Lines Insurance Producer guide — PDF + EPUB, $19.99 →
同考点相关题目
- A restaurant installs a sprinkler system and at the same renewal raises its property deductible. These two steps are, in order:
- Which characteristic makes a risk suitable for coverage by a private insurer?
- Describing an insurance policy as a contract of adhesion means that:
- An insurance policy is classified as a unilateral contract because:
- After a kitchen fire the insured refuses to submit a proof of loss or let the adjuster inspect the damage. The insurer may resist paying because the policy is:
- An insured sells her house and tries to hand her homeowners policy to the buyer. Under the personal-contract rule:
最近核对： · 审核流程
PrepPass 团队 · 依据官方资料核对 California Personal Lines Insurance License Exam · 我们如何核对