Question 10 (4 points) In 2017, Nancy paid a $1,000 auto insurance premium and did not have any losses. Likewise, in 2018, Nancy paid another $1,000 premium and had no losses. However, in 2019, Nancy paid her $1,000 premium and totaled her car in an accident, with the insurer paying her $40,000. These outcomes illustrate what characteristic of insurance contracts? the contracts are unilateral the contracts are aleatory the contracts are conditional the contracts are personal Previous Page Next Page Page 10 of 25