​An Example of Moral Hazard Is

question 18

Multiple Choice

​An example of moral hazard is

• A)​workers shirking when the boss is not looking
• B)health care insured workers dieting and exercising
• C)drivers of safer cars turning their phones off before driving
• D)​borrowers investing their loan proceeds exactly as the bank requires

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Definitions:

British America

Historically refers to the territories under British rule in the Americas from the 16th to the early 20th centuries, including the Thirteen Colonies.

South Carolina's

Pertaining to the state of South Carolina, its history, people, politics, or geographical characteristics.

Stono Rebellion

A slave uprising in 1739 in South Carolina that led to a severe tightening of the slave code and the temporary imposition of a prohibitive tax on imported slaves.

Slave Code

Laws established in the colonial and antebellum South to define the status of slaves and the rights of masters, severely restricting slaves' freedoms and rights.