Which of the Following Actions Best Illustrates Moral Hazard

question 115

Multiple Choice

Which of the following actions best illustrates moral hazard?

• A)A person adds risky stock to his portfolio.
• B)A person who has narrowly avoided many accidents applies for automobile insurance.
• C)A person is unwilling to buy a stock when she believes its price has an equal chance of rising or falling $10.
• D)A person purchases homeowners insurance and then checks his smoke detector batteries less frequently.

Understand the importance of attending in the listening process and strategies to enhance attention.

Recognize the significance of relationships and similarities between communicators on understanding and accuracy.

Apply active listening techniques, including paraphrasing and asking questions, to enhance communication.

Recognize the role of self-awareness and self-regulation in listening.

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Definitions:

Routing And Scheduling

The process of determining the most efficient routes and schedules for transportation of goods to optimize delivery times and reduce costs.

Load Tendering

The process by which a shipper offers a shipment to a carrier, typically using electronic methods, to transport goods from one place to another.

Status Tracking

The monitoring and recording of the progress or current state of a project, order, or task.

Routing Guides

Documents or tools provided by shippers to carriers and logistics providers outlining instructions and preferences for the shipment of goods, including carrier selection and freight bill payment.