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 98 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
Gracias!

coreycathey

  • Member
  • Posts: 333
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Evolutionary adaptation to a new environment via natural selection. Evolutionary adaptation to a new environment via natural selection.
Allen Test: An occluded ulnar artery results in continued pallor of the hand while the radial artery Allen Test: An occluded ulnar artery results in continued pallor of the hand while the radial artery
Are the resutls from the glucose strip test consistent with the results obtained from the ... Are the resutls from the glucose strip test consistent with the results obtained from the ...
Reduced mobility in late adulthood often results in more limited activities and smaller social ... Reduced mobility in late adulthood often results in more limited activities and smaller social ...
Blood types and results of donor and recipient combinations. Blood types and results of donor and recipient combinations.
Results Seen in Mono-Diff Tests Results Seen in Mono-Diff Tests
Video: Brain Anatomy Animation (Part 2 of 2)

For a complete list of videos, visit our video library