Choose the Correct Words to Insert in Each of the Following

question 9

Multiple Choice

Choose the correct words to insert in each of the following sentences. Then select the letter of the correct response. As the basketball team scored the winning point, the fans ____, ____, and ____ their feet.

• A) screamed, waved, stamp
• B) scream, wave, stamped
• C) screamed, waved, stamped

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Definitions:

Moral Hazard

A situation in economics and finance where one party takes more risks because another party bears the cost of those risks.

Auto Insurance

A policy purchased by vehicle owners to mitigate costs associated with getting into an auto accident or other vehicle-related damages.

Precautions

Actions taken in advance to prevent potential undesirable outcomes or to minimize risks.

Moral Hazard

A situation where one party in a transaction has the opportunity to assume additional risks that negatively affect the other party because they do not bear the full consequences of their actions.