Write True or False to the Statements Below

question 134

True/False

Write True or False to the statements below.If the statement is false, rewrite the underlined word or phrase to make the statement true.
-Australian cities tend to be located in the country's interior.

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Definitions:

Adverse Selection

A situation in insurance and finance where those with higher risks are more likely to seek insurance or loans, leading to an imbalanced pool that can raise costs for insurers or lenders.

High-Quality Used Car

A pre-owned vehicle that has been maintained well and often includes features of newer models, indicating low mileage and minimal wear.

Warranty

A guarantee provided by a seller or manufacturer concerning the condition of a product and the promise of repair or replacement within a specified period.

Deductible

The amount an insured individual must pay out of pocket before an insurance company pays a claim.