Examlex
What did R. H. Whittaker base his five kingdom classification upon?
Moral Hazard
The situation where one party is more likely to take risks because they do not bear the full consequences of their actions.
Shirking
Avoiding or neglecting duties, responsibilities, or work, often covertly, to reduce personal effort while still receiving compensations or benefits.
Working Diligently
Refers to the act of putting consistent and earnest effort into one's tasks or duties.
Moral Hazard
A scenario in which an entity is prone to engage in risky behaviors knowing that another party will shoulder the consequences of such risks.
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