Which of the following is NOT benefit of an incentive compatible contract?

Group of answer choices

1) Fewer transactions between Principals and Agents will take place.

2) Some borrowers may be able to get loan only because the contract reassures the lender of repayment.

3) The Principal can spend less monitoring and share some of this savings with the Agent.

4) Car drivers may get a lower insurance premium because of a larger deductible.