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Moral hazard occurs when the parties on once side of the market,who have information not known to others,self select in a way that adversely affects the parties on the other side of the market.
Telecommute
The practice of working from a remote location, typically one's home, using the internet and telecommunications technology.
Overhead Costs
Expenses associated with running a business that are not directly tied to creating a product or service, such as rent, utilities, and insurance.
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