Examlex
Some people designate a _____, or another person who can medical decisions for them if they are unable to do so.
Moral Hazard
A situation where one party engages in risky behavior knowing that they are protected against the consequences, often because another party bears the cost.
Irresponsible Borrowings
Financial behavior that involves taking on debt in ways that are unsustainable or without a plan to manage repayment, leading to potential financial harm.
Shirking
The behavior of employees who avoid doing their work or put in less effort than is expected, which can negatively impact productivity.
Incentive Contracts
Agreements that provide additional benefits or compensation to parties who meet or exceed specific performance goals or targets.
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