Information that does not omit important aspects of the underlying events or activities that it measures is

Which one of the following is false concerning the standardization of insurance policies?

A) It reduces the risk for the insurance companies resulting from the principle of adhesion. B) It holds rates below what they would otherwise be. C) It reduces adverse selection. D) It increases flexibility.

When compared to the yield curve for Treasury securities, the yield curve for corporate securities should

A) slope in the opposite direction. B) be similar in shape but higher. C) be similar in shape but lower. D) be nearly identical.