Which of the Following Is a Reason for the Defense

question 44

Multiple Choice

Which of the following is a reason for the defense of necessity?

• A) respect and equity
• B) equity and retribution
• C) retribution and duty
• D) respect and effectiveness

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Definitions:

Insurance

A financial product sold by insurance companies to safeguard the purchaser against the risk of loss, damage, or liability.

Premiums

Regular payments made to an insurance company in exchange for coverage, or the additional cost paid for products or services perceived as offering greater value.

Adverse Selection

A scenario in economics where buyers and sellers have access to different information, leading to transactions where the seller is likely to sell goods of lower quality.

Moral Hazard

The risk that a party insulated from risk may behave differently than if they were fully exposed to the risk.