Examlex
Define "police discretion" and name three areas of policing in which discretion is often used.
Moral Hazard Insurance
Situations in insurance where the existence of insurance coverage can lead to riskier behavior by the insured, as the consequences of that behavior are partially absorbed by the insurer.
Disability Insurance
A type of insurance that provides financial support to a person who is unable to work because of a disability.
Unemployment Insurance
A government-provided benefit offering temporary financial assistance to unemployed workers who meet certain eligibility requirements.
Mutual Fund
An investment vehicle that pools money from many investors to purchase a diversified portfolio of stocks, bonds, or other securities.
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