Adverse selection occurs when one party in a transaction has more information than the other, especially in insurance and finance-related activities.
For other uses of Ada, see Ada (disambiguation). Ada is a city in and the county seat of Pontotoc County, Oklahoma, United States. The population was 16,810 at the 2010 census, an increase of 7.1 percent from 15,691 at the 2000 census. The city was named for Ada Reed, the daughter of an early settler, and was incorporated in 1901.
County Clerk Tammy Brown. Pontotoc County is in the south central part of Oklahoma. As of the 2010 census, the population was 37,492. Its county seat is Ada. The county was created at statehood from part of the Chickasaw Nation in Indian Territory. It was named for a historic Chickasaw tribal area in Mississippi. According tâ¦ â Read more.