When bankers make loans they do not have an adverse selection ...

[jhjkgdfhk]

When bankers make loans they do not have an adverse selection problem.
  Indicate whether the statement is true or false

Question 2

Suppose the seller of a used car provides unverifiable information about its quality to a prospective buyer. Unverifiability will reduce the cost of formulating a contract.
  Indicate whether the statement is true or false

[tjayeee]

Answer to Question 1

False

Answer to Question 2

F

[jhjkgdfhk]

Thanks for the timely response, appreciate it

[xiaomengxian]

Excellent