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 91 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
Wow, this really help

debra928

  • Member
  • Posts: 342
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

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
The world has been horrified recently at a U.S. Congress so polarized and paralyzed that it cannot p The world has been horrified recently at a U.S. Congress so polarized and paralyzed that it cannot p
Many diesel fuel additives increase the cetane rating which results in improved fuel economy. Many diesel fuel additives increase the cetane rating which results in improved fuel economy.
A 2-fold serial dilution showing the result of moving 0.2 ml of green food coloring successively ... A 2-fold serial dilution showing the result of moving 0.2 ml of green food coloring successively ...
Results from Kliegl's study show that older adults can learn complex information-processing Results from Kliegl's study show that older adults can learn complex information-processing
Directional artificial selection favoring the AdhF allele in experimental Drosophila populations. Directional artificial selection favoring the AdhF allele in experimental Drosophila populations.
Video: Structures that affect circulation - heart and systolic/diastolic BP

For a complete list of videos, visit our video library