An aleatory contract signifies which of the following?

An aleatory contract is characterized by an unequal exchange of value between the parties involved. This type of contract is common in insurance transactions, where one party (the insurer) may receive a relatively small premium payment while providing the other party (the insured) with a potentially large payout in the event of a claim. The nature of the aleatory contract hinges on the inherent uncertainty of the exchange—while the insurer may not pay out the insurance benefit if there are no claims, the insured might lose their premium investment without any return if nothing occurs. This imbalance is what distinguishes aleatory contracts from more traditional contracts, which typically involve an equal exchange of services or goods.