Which Statement Best Explains "Moral Hazard

question 33

Multiple Choice

Which statement best explains "moral hazard"?

• A)The term refers to a situation where one party has an information advantage over another.
• B)The term refers to the need external parties have for financial information.
• C)The term refers to the fact that some people have more information than others.
• D)The term refers to a situation where one party cannot observe the actions of another party.

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Definitions:

Mobile Blogging

The act of publishing blog posts or content from a mobile device, such as a smartphone or tablet.

Smartphones

Mobile phones that offer advanced computing capabilities and connectivity, including internet access and the ability to run various applications.

Tables

Organized arrangements of data in rows and columns, typically used for comparison, analysis, or presentation of information.

Clickables

Elements in a digital interface, such as buttons or links, that can be clicked to perform an action.