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.
These 16 Towns In Oklahoma Have The Strangest Names Youâll Ever See. Oklahoma is well-known for some strange town names. When out-of-towners hear names like Slapout or Okmulgee, you usually have to repeat them, explain them, then laugh at them. The name is a Creek word meaning running water.. To make it even harder, the town is in Okfuskee County, 10 miles southeast of Okemah.