Moral hazard and adverse selection are two terms used in economics, risk management and insurance to describe situations where one party is at a disadvantage. Adverse selection describes an undesired result due to the situation where one party of a deal has more accurate and different information than the other party.
Acme is located in the southeastern corner of Mount Pleasant Township, in southern Westmoreland County, at 40Â°7â²38â³N 79Â°26â²5â³W / 40.12722Â°N 79.43472Â°W / 40.12722; -79.43472 (40.12731, -79.434929). The name Acme refers to the area's location atop Chestnut Ridge in the Allegheny Mountains.
Mount Pleasant is a borough in Westmoreland County, Pennsylvania, United States. It stands 45 miles southeast of Pittsburgh. As of the 2010 census, the borough's population was 4,454. The Borough of Mount Pleasant, consisting of the town area, should not be confused with Mount Pleasant Township, which is an entirely separate municipality. Mount Pleasant Township is predominantly rural and adjoins the borough to the north. In the past, Mount Pleasant was a center of an extensive coke-making indus