An insurer requiring a policyholder with a collision claim to ...

[khang]

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]

Answer to Question 1

F

Answer to Question 2

B