Coinsurance Reduces Moral Hazard in Exactly the Same Way as

question 25

Multiple Choice

Coinsurance reduces moral hazard in exactly the same way as

• A)limits on insurance.
• B)risk-based premiums.
• C)deductibles.
• D)restrictive provisions.

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Definitions:

Toluene

A colorless, water-insoluble liquid hydrocarbon with a sweet smell, used as an industrial solvent and in the production of benzene.

Stereogenic Center

An atom in a molecule, often carbon, that is connected to four different groups, giving rise to stereoisomers due to the spatial arrangement of these groups.

Stereoisomer

Molecules that have the same molecular formula and sequence of bonded atoms but differ in the three-dimensional orientations of their atoms in space.