Adverse selection occurs when
A) a person takes more risks that are not known to the life insurance company because he has life insurance.
B) a person buys life insurance because he has a risky lifestyle that is not known to the life insurance company.
C) a person is a risk lover.
D) pregnant women with health insurance make more doctor visits than uninsured pregnant women.
Correct Answer:
Verified
Q2: A person who starts practicing poisonous snake
Q3: Q4: A consumer is likely to avoid adverse Q5: What is one of the most important Q6: If a bank offers mortgages that do Q8: Opportunism may occur when Q9: Adverse selection occurs when there is Q10: Adverse selection can occur when Q11: If reckless drivers are more likely to Q12: 
A) both parties have
A) full
A) all persons
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