Examlex
Violation of a statute designed to protect underage, unlicensed drivers, as well as innocent third parties, from the consequences of juvenile car theft and "joy riding," by prohibiting car owners from leaving the keys in their car if the car is unattended, is likely to be characterized as:
Fire Insurance
A type of property insurance that covers damage and losses caused by fire.
Precautions
Actions taken in advance to prevent harm or secure good outcomes.
Moral Hazard
The situation where the behavior of one party changes to the detriment of another after a transaction has occurred.
Credit Union
A member-owned financial cooperative, controlled by its members and operating for the purpose of providing credit at competitive rates, as well as other financial services to its members.
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