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Severe adverse selection and moral hazard problems can prevent the formation of business relationships between principals and agents. For example, people may be unwilling to buy stock in a firm because they believe that managers may use that money for their own benefit rather than for the company's interests.
Mask Outputs
The process of selectively activating or deactivating outputs in a digital system based on a masking pattern.
Last Word
The final data element in a string or data block, often used to signify the end of a message or the boundary of a data structure.
FIFO File
A method of file or data storage where the first data entered is the first to be retrieved, standing for "First In, First Out."
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