This topic contains a solution. Click here to go to the answer
|
Author Question: If John drives more recklessly because he has good automobile insurance it is an example of moral hazard. (Read 177 times) |
Did you know?
There are 20 feet of blood vessels in each square inch of human skin.
Did you know?
In 1864, the first barbiturate (barbituric acid) was synthesized.
Did you know?
Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.
Did you know?
Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.
Did you know?
Green tea is able to stop the scent of garlic or onion from causing bad breath.