Question
Which of the following situation occurs when one party
in a negotiation has relevant information the other party lacks.Solution
Adverse selection occurs when one party in a negotiation has relevant information the other party lacks. The asymmetry of information often leads to making bad decisions, such as doing more business with less profitable or riskier market segments.
Which of the following words can be used to replace the word ‘unrelenting’ as used in the passage?
Which one of the following maybe a suitable meaning of the following phrase ‘brushed under the carpet’ as used in the passage above.
...Why according to the passage, the list of foreigners is feared to increase?
Where did the drink land from the perch?
What is the tone of the passage?
Can we infer from this article that there is an immediate need of an international forum to help small island nations threatened by rising sea levels?
What according to the scientists was the origin of the oil?
Which of the following is most opposite in meaning to the word ‘ alleviation’ as used in the passage ?
Only by working together can we aspire to lift the burden of poverty from the shoulders of the most vulnerable among us and forge a brighter, m...
Choose the word which has the opoosite meaning as the word HEFTY as used in the above passage.
1) Small
2) Giant
3) Vigour
...
