Examlex
Which of the following defense mechanisms might be useful in helping Carlos?
Moral Hazard
A situation where one party is inclined to take risks because the negative consequences of the risk will be borne by another party.
Taxi Driver
An individual who operates a car licensed for providing taxicab transportation services to passengers in exchange for payment of a fare.
Piece-rate Garment Worker
A laborer who is paid based on the number of items produced, commonly used in the garment manufacturing industry.
Moral Hazard
The risk that one party to a transaction has not entered into the contract in good faith, or has an incentive to take unusual risks in a bid to earn a profit before the contract settles.
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