Examlex
What term is used to refer to crimes committed by individuals in the course of their daily business activities?
Car-Insurance Coverage
Protection against financial loss resulting from incidents involving a vehicle, including accidents, theft, and other damages.
Moral Hazard
A situation where one party is more likely to take risks because they do not bear the full consequences of their actions.
Auto Insurance
A policy purchased by vehicle owners to mitigate costs associated with getting into an auto accident or other vehicular damage.
Moral Hazard
Moral Hazard refers to situations where one party is more likely to take risks because the negative consequences of their actions are borne by another party.
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