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23 February, 22:54

What is not part of all contracts?

a. The offer

b. Time requirements

c. Premiums

d. Consideration

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Answers (2)
  1. 24 February, 00:12
    0
    Premium is not included in all contracts.

    Offer is very important, time requirements is also a must in a contract, consideration is also stated in the contracts, but premium is not included in the contract.
  2. 24 February, 01:42
    0
    I believe the answer is: C. premiums

    Premium refers to the amount of payment made by the insured periodically in order to ensure that the contract is still active. Even though this is a formal obligation for the insured, the numbers of premium usually provided in a different document outside the contract.
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