Answer:
This statement is true.
Explanation:
The statement that "The more collateral there is backing a loan, the less the lender has to worry about adverse selection" is true because collateral reduces the adverse selection problem.
Basically, without this movement, people would not have come to America (before 15th century and 11 Century in the north where the Vikings came) and they would not have established the cultures and developed the languages which are still practiced and spoken today (such as the Maya culture/language and the Quechua culture/language).
The highest point of elevation in Africa is Mount Kilimanjaro's peak. Specifically the rim above Kibo's crater.
Let me know if you have any further questions!
