Which of the following is likely protected by copyright?
A) Your recipe for chocolate cake
B) Your autobiography
C) The color scheme for your house
D) The names of your children
Question 2
Moral hazard is the
A) outcome of a Prisoner's Dilemma.
B) result of market signaling.
C) risk associated with a Dutch auction.
D) risk that one party to a contract may alter its post-contract behavior to the detriment of another party.