When those most likely to produce the outcome insured against are the ones who purchase insurance, insurance companies are said to face the problem of ________
A) fraudulent claims
B) moral hazard
C) adverse selection
D) pecuniary purchases
C
Business
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To reflect our guiding principals and our commitment to executive education we offer financial support to more than sixty percent of our current MBA candidates.
What will be an ideal response?
Business
The SEC requires mutual funds to disclose the risk to investors of frequent trading in fund shares.
a. true b. false
Business