Examlex
Which of the following is a consequence of candidates' efforts to secure votes from each region of the country?
Moral-Hazard
Moral hazard is a situation in which one party is more likely to take risks because the negative consequences of the risk will be felt by another party.
Monitoring Employees
The process of overseeing employees' work activities and performance, often through the use of technology or other means.
Asymmetric Information
A situation in which one party in a transaction has more or superior information compared to another.
Prevalent
Widespread in a particular area at a particular time; commonly occurring or accepted.
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