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Yanka [14]
4 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]4 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
The following information is available for Coronado Company: Sales Revenue $389600 Freight-In $29300 Ending Inventory 37400 Purc
Arisa [49]

Answer:

$262,900

Explanation:

Net purchases = Purchases - Purchase return and allowances

Net purchases = 269500 - 14500

Net purchases = $255000

Cost of goods available for sale = Beginning Inventory + Net Purchases

Cost of goods available for sale = 45300 + 255000

Cost of goods available for sale = $300300

Cost of Goods sold = Cost of goods available for sale - Ending inventory

Cost of Goods sold = 300300 - 37400

Cost of Goods sold = $262,900

So, Coronado's cost of goods sold under a periodic inventory system is $262,900.

3 0
3 years ago
Mary has a listing agreement with Broker Tom. Mary tells Tom she wants him to use broker agents to help sell her property. Tom g
malfutka [58]
Hand done dbdbdbdbbshs
4 0
3 years ago
Our text tells us that securing commitment from employees is only gained through good change
ikadub [295]

Answer:

<em>I can see that there are no choices.</em>

satisfaction

Explanation:

When it comes to <em>securing employee commitment in your company</em>, it is best to establish<u> good communication</u> in order for the employee to feel satisfied.

For example, if a policy is going to change in the company, it is important to provide "transparency." The policy updates may be done through office meetings. Besides this, you also have to allow them to give feedback or ask questions in order to have clarity. Soliciting feedback will enable you to know what your employees are thinking and it will also show your respect for them.

So, this explains the answer.

8 0
3 years ago
Jan, an employee of a distribution company, never speaks to anyone in her office. From when she arrives to when she leaves, no o
Brut [27]

Answer: behaviours

Explanation: An employee's behaviour is how they react to a certain circumstance in the work environment. This behaviour can be internally driven or can be adopted from external situations. This scenario depicts an external situation, as Jan based her movements on her how her employees operate. Jan decided that she will not speak to her coworkers, merely because she noticed that no else in the office does. And because she didn't want to stand out or seem different, she applied that same behaviour. This is a form of conformity, which is when someone adopts the beliefs, behaviours or norms of a group, in order to fit in with them.

6 0
4 years ago
What are two types of investment accounts that you might use in the future?
Vinvika [58]
Im guessing a retirement account and cd!
7 0
4 years ago
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