The Owner of a Garage Makes Large Contributions to a Politician

question 9

Multiple Choice

The owner of a garage makes large contributions to a politician who is seeking the office of state governor.If his candidate wins, he will get the contract, which now resides with a competitor, to repair State Police vehicles.This is an example of

• A)moral hazard.
• B)externality.
• C)rent seeking.
• D)investment.

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Definitions:

Emotional Stability

A personality trait that involves the capacity to remain calm and composed, especially in stressful situations.

Personalized Power Motivation

The desire to control or influence others for personal gain or satisfaction, often seen in leadership contexts.

Leadership Effectiveness

The capacity of a leader to achieve desired results or reach goals through influencing others.

Leadership Position

A role within an organization that holds authority and responsibility, often involving guiding and directing others.