Author Question: An insurer requiring a policyholder with a collision claim to submit more than one estimate of the ... (Read 60 times)

khang

  • Hero Member
  • *****
  • Posts: 569
An insurer requiring a policyholder with a collision claim to submit more than one estimate of the repair costs is using a deductible to reduce morally hazardous behavior.
  Indicate whether the statement is true or false

Question 2

Externalities occur when there is a lack of
 A) free-riding.
  B) well-defined property rights.
  C) market participants.
  D) government regulation.



meow1234

  • Sr. Member
  • ****
  • Posts: 333
Answer to Question 1

F

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

For a complete list of videos, visit our video library