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19 March, 10:34

Select the option that provides the best definition for the term moral hazard

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  1. 19 March, 13:25
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    There are no options xD, however I did find something on Wikipedia : P

    "In economics, moral hazard occurs when one person takes more risks because someone else bears the cost of those risks. A moral hazard may occur where the actions of one party may change to the detriment of another after a financial transaction has taken place."
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