Lack of consideration will cause the contract to be unenforceable.
Correct Answer:
Verified
Q14: Janitor's insurance is inexpensive life insurance coverage.
Q15: Contracts cannot be oral due to the
Q16: In the making of insurance contracts, the
Q17: No insurance agent is going to ask
Q18: The source of the agent's authority is
Q20: Neither insurers nor regulators consider an agency
Q21: If this requirement in a contract is
Q22: Which of the following occurs when the
Q23: Since an insurable interest must exist at
Q24: If you call a GEICO agent in
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