Which of the following is not among the functions of contract? ...

[MirandaLo]

Which of the following is not among the functions of contract?
 a. to provide incentives for efficient reliance
  b. to reduce transaction costs
  c. to discourage the development of asymmetric information
  d. to provide risk allocation mechanisms

Question 2

An indication that Insurance companies anticipate adverse selection is
 a. they do not require a deductible
  b. they do not classify clients into different risk types according to their claim history
  c. they classify clients into different risk types according to pre-existing conditions
  d. they do not require a co-payment

[elizabethrperez]

Answer to Question 1

c

Answer to Question 2

c

[MirandaLo]

Thank you

[elizabethrperez]

No problemo