Asymmetric Information

question 7

Multiple Choice

Asymmetric information:

• A) decreases the efficiency of financial markets.
• B) reduces the flow of funds to entrepreneurs.
• C) injures the real economy
• D) all of the above.

Assess the effect of policy on income distribution through concepts like market and disposable income Gini coefficients.

Understand the fundamentals of the Statute of Fraids and its application in contract law.

Comprehend the differences between guarantees and indemnities and their significance in contract law.

Identify the conditions under which contracts can be voided due to illegality or inability to enforce.