Author Question: An insurer requiring a policyholder with a collision claim to submit more than one estimate of the ... (Read 61 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?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

For a complete list of videos, visit our video library