This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following is a result of adverse selection? A) The insurer's financial results will ... (Read 62 times)

K@

  • Hero Member
  • *****
  • Posts: 608
on: Jul 11, 2018
Which of the following is a result of adverse selection?
 
  A) The insurer's financial results will be substantially improved.
  B) Persons most likely to have losses are also most likely to seek insurance at standard rates.
  C) It is unnecessary for the insurance company to use underwriting.
  D) Insurance can be written only by the federal government.

Question 2

The tendency for unhealthy people to seek life or health insurance at standard rates is an example of
 
  A) moral hazard.
  B) fundamental risk.
  C) attitudinal hazard.
  D) adverse selection.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

joshbk44

  • Sr. Member
  • ****
  • Posts: 340
Reply #1 on: Jul 11, 2018
Answer to Question 1

Answer: B

Answer to Question 2

Answer: D


K@

  • Member
  • Posts: 608
Reply 2 on: Jul 11, 2018
:D TYSM

olderstudent

  • Member
  • Posts: 339
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

An example showing a modification that has occurred as a result of biological evolution An example showing a modification that has occurred as a result of biological evolution
cell line selection cell line selection
National Results of the Scholastic Assessment Test (SAT) National Results of the Scholastic Assessment Test (SAT)
Carbon dioxide. This molecule exhibits a nonpolar bond and results in a linear and symmetrical ... Carbon dioxide. This molecule exhibits a nonpolar bond and results in a linear and symmetrical ...
Positive and negative selection during T-cell development. Positive and negative selection during T-cell development.
Evolution and Natural selection shapes organisms and diversity Evolution and Natural selection shapes organisms and diversity
Video: Antidiuretic hormone (vasoconstriction, water reabsorption & sweat inhibition)

For a complete list of videos, visit our video library