Author Question: When someone contracts to do a task but fails to put full effort into the performance of an ... (Read 42 times)

TFauchery · **on:** Jul 1, 2018

When someone contracts to do a task but fails to put full effort into the performance of an agreement, yet the lack of effort is not independently verifiable, this lack of effort constitutes a
a. breach of contractual obligations
b. denial of good guarantee
c. loss of reputation
d. moral hazard

Question 2

Which is a screen against adverse selection
a. Insurance companies require homeowners to have smoke detectors
b. Rearview cameras in cars
c. Installing engine monitors to track driving habits of the insured
d. Prospective secretaries must take a typing test before being hired