Multiple Choice
Adverse selection can occur if:
A) high-risk persons insure themselves more heavily than low-risk persons.
B) high-risk persons claim coverage which cannot be borne by the insurers.
C) high-risk persons do not conceal information from the insurer.
D) high-risk persons make an effort to take less risk in the presence of an insurance cover.
Correct Answer:

Verified
Correct Answer:
Verified
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