Answer:
b. It refers to the actions people take after they have entered into a transaction that makes the other party to the transaction worse off.
Explanation:
Moral hazard -
It occurs when the person increases their exposure to risk in the case , when the other person bears the cost of the risks .
It can occur when the action of one of the party changes due to the detriment of the other after the financial transaction is done .
hence ,
The correct answer for Moral Hazard is ( b ) .
He thought he should extend his borders because he wanted us to have benefits of our democratic government,that should be extended over distant regions which was selected for homes
Cologne, Strasbourg,Koblenz,Basel,Dusseldorf
The statement is true that the state of Arizona can sue the state of California over Colorado river water to the United States Supreme Court and can hear the case for the first time. In fact there was a case that happened in 1982 and was decided on 1983.
I will work on this! I need to do some research. 5 paragraphs?
