Q734
Why insurance contract is an Adhesion Contract?
A.
Insurance Co. has all the bargaining power
AnswerB.
Client has also great bargaining power
C.
Both A & B
D.
None of the three
Answer: Option A
Solution
Answer: Option A
Solution:
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.