Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Is a disability insurance policy a contract? Select one: a.Yes, unless the beneficiaries are minors b.No, there is no mutual consideration c.No, it is a

Is a disability insurance policy a contract?

Select one:

a.Yes, unless the beneficiaries are minors

b.No, there is no mutual consideration

c.No, it is a contract of wager, which is illegal

d.No, there is no capacity by the insured once the disability results

e.Yes

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Entrepreneurship

Authors: Andrew Zacharakis, William D Bygrave

5th Edition

1119563097, 9781119563099

Students also viewed these Law questions