MCQOPTIONS
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| 1. |
Which of the following is an example of moral hazard ? |
| A. | After Gull buys fire insurance, he begins to smoke cigarettes in bed. |
| B. | None of these answers demonstrate moral hazard |
| C. | Mahmood has been feeling poorly lately so he seeks health insurance |
| D. | All of these answers demonstrate moral hazard |
| Answer» B. None of these answers demonstrate moral hazard | |