Why insurance contract is an Adhesion Contract?
A. Insurance Co. has all the bargaining power
B. Client has also great bargaining power
C. Both A & B
D. None of the three
Answer: Option A
Solution(By Examveda Team)
Adhesion contract is a legally binding agreement between two parties to do a certain thing, in which one side has all the bargaining power and uses it to write the contract primarily to his or her advantage.Related Questions on Insurance
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