Examlex
In surveys about color preferences, 50 percent of respondents indicate white is their favorite-and it is favored by a wide margin over the next-preferred color, blue.
Artist
An individual who creates, practices, or demonstrates an art form, particularly in the visual, auditory, or performing disciplines, expressing creativity and skill.
Gallery
A room or building where art is displayed and sold, or a space for presenting other types of collections.
Moral Hazard
A situation in insurance and contracts where one party takes more risks because they know they are protected or that another party bears the costs of those risks.
Adverse Selection
A situation in financial markets where buyers and sellers have different levels of information, leading to transactions that favor the party with more or better information.
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