A contract in which the values exchanged are not equal because chance is involved is called a(n)

Name: A contract in which the values exchanged are not equal because chance is involved is called a(n)
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An aleatory contract is a contract in which the values exchanged are not equal because chance is involved. Examples of aleatory contracts include insurance policies, where the amount of the payout is uncertain and depends on chance events such as accidents or natural disasters.

A Contract in Which the Values Exchanged Are Not Equal