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Author Question: An insurer requiring a policyholder with a collision claim to submit more than one estimate of the ... (Read 58 times)

khang

  • Hero Member
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  • Posts: 569
on: Jun 30, 2018
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
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  • Posts: 333
Reply #1 on: Jun 30, 2018
Answer to Question 1

F

Answer to Question 2

B


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