1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Yanka [14]
3 years ago
10

When people have insurance against a certain event, the notion that those people are less likely to guard against that event occ

urring is called a _____________________ .
Business
1 answer:
sp2606 [1]3 years ago
4 0

Answer: When people have insurance against a certain event, the notion that those people are less likely to guard against that event occurring is called a <u>moral hazard.</u>

Explanation: Moral hazard happens frequently in cases of insurance. If a person has a house, they can decide to install a vault because it reduces the risk of being robbed;

However, when the same person has arranged an insurance that covers the risk of theft of the house, they will have fewer incentives than in the previous situation, to install the security door and ultimately it will be able to increase the probability of the loss in this Theft case. This behavior, for example, before insurance coverage is called moral hazard.

You might be interested in
Dss use internal information as well as information from external sources.
koban [17]
True Hope this helps
3 0
3 years ago
Read 2 more answers
Suppose first main street bank, second republic bank, and third fidelity bank all have zero excess reserves. the required reserv
lbvjy [14]
<span>he deposits the money into his checking account at first main street bank is the answer</span>
4 0
3 years ago
Read 2 more answers
Suppose foreigners spend $7 billion on american exports in a given year and americans spend $5 billion on imports from abroad in
Rina8888 [55]
Around <span>+$2 billion. would be the answer!</span>
5 0
3 years ago
Project managers frequently face competing constraints. Identify these common constraints and describe approaches that project m
gizmo_the_mogwai [7]

Answer: The common constraints faced by project managers are project scope, cost and time.

Explanations:

The three main constraints faced by project managers are the project scope, cost and time. These constraints affect the quality of a project. In high quality projects, the product is delivered within its scope at the required budget and on time.

The constraints are usually connected to one another. For example, an increase in the project scope will require an increase in cost and time. Also, accelerating the project timeline may lead to a reduction in the project costs but also lower the scope.

A trade off in project occurs when one constraint is reduced so as to increase another constraint. For trade-offs to be successful, project managers should take time to scrutinize the organization's objectives and the expectations of the project by using a structure that allows the project manager look at other options for the constraints and find the greatest balance among the constraints and organizational goals.

6 0
3 years ago
Brendan is a manager in a chocolate factory. His team works on an assembly line; workers fill boxes that come at a fixed rate of
yuradex [85]

Answer:

Brendan is using people-oriented leadership style

Explanation:

Brendan's People-oriented leadership behavior is more likely to have more positive effects in running the affairs of the chocolate factory rather than using automatic feedback system.

6 0
2 years ago
Other questions:
  • . Which of the following individuals commonly use finance in the course of their job?I. Chief financial officersII. AccountantsI
    15·1 answer
  • Use the following information to determine this company's cash flows from financing activities.
    12·1 answer
  • When price decreases, quantity increases. Price elasticity of demand measures how much ________.a. The price decreasesb. The pri
    15·1 answer
  • In part, a transaction affects the accounting equation by decreasing an asset. There is no effect on liabilities. Which of the f
    14·1 answer
  • SCI just paid a dividend of $2.16 per share, and its annual dividend is expected to grow at a constant rate of 4.50% per year. I
    14·1 answer
  • Even as it begins to produce the Mirai for the U.S. market, Toyota continues to manufacture its traditionally fueled cars, truck
    9·1 answer
  • Bagrov Corporation had a net decrease in cash of $10,500 for the current year. Net cash used in investing activities was $52,500
    13·1 answer
  • Below are several transactions for Scarlet Knight Corporation. A junior accountant, recently employed by the company, proposes t
    10·1 answer
  • The control systems used in international firms include: personal, bureaucratic, output and Blank______.
    7·1 answer
  • To keep high inflation from eroding the value of money, monetary authorities in the united states.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!