Adverse selection results in which of the following?

A) No underwriting is necessary.
B) Applicants for insurance have a higher probability of loss than the average group of insureds.
C) The federal government must write the insurance.
D) Better insureds are attracted to the group.


B

Business

You might also like to view...

If follow up action is needed in response to a routine message, identify who will do what and when in the body of the message

Indicate whether the statement is true or false.

Business

Which of the following statements about divorce settlements isĀ false?

A. Child support is excluded from the recipient's gross income. B. Alimony required under a pre-2019 divorce decree is excluded from the recipient's gross income. C. Alimony required under a pre-2019 divorce decree is an above-the-line deduction for the payer. D. None of the above is false.

Business

Identify the correct form of the verb in parentheses. Mr. Li (present tense of authorize) all those expenditures

Business

Morton Salt Company designs a single marketing mix and directs it at the entire market. The company is using the ____ approach.

A. target market B. undifferentiated C. market segmentation D. concentrated E. differentiated

Business