Question

Insurance, as a contract, is adhesive, meaning: (5-7)

Group of answer choices

The insured had no opportunities to negotiate terms.

The coverage is conditioned upon the payment of premiums.

What is paid by the insured and paid out by the insurer may not be equal amounts.

Only the insurer is making a promise.

Answer 1

Option A is correct. The insured had no opportunities to negotiate terms.

Adhesive contract is the contract in which only party has the right to makes terms. The other party can not negotiate the terms, the other party can either accept or reject the Contract.

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