Do you think companies that issue health insurance should be allowed to inquire about family medical history and the results of genetic testing before deciding to issue insurance policies? Why or why not?
Valentino wants to purchase a classic motorcycle and sees a 1974 Triumph Bonneville T140 listed on Cycletrader.com for $5,950. He is willing to pay $7,500 if the motor-cycle is reliable, but only $2,000 if the motorcycle is not reliable. What additional information might Valentino find helpful in making his decision about the purchase?