Examlex
Activities to secure internal communications (emails,telephone) and employee privacy regulations would fall under which risk assessment category?
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.
Moral Hazard
A situation where one party is more likely to take risks because another party bears the cost of those risks.
Agent
A person who is performing an act for another person, called the principal
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