Coinsurance Reduces Moral Hazard in Exactly the Same Way as

question 25

Multiple Choice

Coinsurance reduces moral hazard in exactly the same way as

• A)limits on insurance.
• B)risk-based premiums.
• C)deductibles.
• D)restrictive provisions.

---

Definitions:

Registered Trademark

A symbol, word, or phrase that has been officially registered with a government authority to differentiate products or services.

Trade Secret

A formula, practice, process, design, instrument, pattern, or compilation of information that is not generally known or reasonably ascertainable, by which a business can obtain an economic advantage over competitors or customers.

Unique Manufacturing

A production process characterized by creating novel and one-of-a-kind products not readily available in the market.

Copyright Legislation

Laws and regulations established to protect the intellectual property rights of creators, preventing unauthorized copying and distribution of their works.