Examlex
The difficulties of ruling a multi-national empire in the nineteenth century were most apparent in
Adverse Selection
A situation where asymmetrical information leads to a mismatch between buyers and sellers, with one party having more or better information than the other.
Reckless Drivers
Individuals who operate vehicles in a careless or dangerous manner, often violating traffic laws and putting themselves and others at risk.
Safety Devices
Equipment or systems designed to prevent accidents, injuries, and harm in workplaces, vehicles, or public spaces by reducing risks and hazards.
High Risk
Situations or investments that carry a significant possibility of loss or failure.
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