which option is resulting in a moral risk (dishonesty)? Policyholder’s history of prior losses in high-risk crime zones Policyholders lack of proper security measures to protect the insurer property from theft Policyholder’s criminal record involving crimes related to theft Policyholder’s lack of concern about protecting the insured property
which option is resulting in a moral risk (dishonesty)? Policyholder’s history of prior losses in high-risk crime zones Policyholders lack of proper security measures to protect the insurer property from theft Policyholder’s criminal record involving crimes related to theft Policyholder’s lack of concern about protecting the insured property
Managerial Economics: A Problem Solving Approach
5th Edition
ISBN:9781337106665
Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Chapter21: Getting Employees To Work In The Firm’s Best Interests
Section: Chapter Questions
Problem 3MC
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Question
which option is resulting in a moral risk (dishonesty)?
- Policyholder’s history of prior losses in high-risk crime zones
- Policyholders lack of proper security measures to protect the insurer property from theft
- Policyholder’s criminal record involving crimes related to theft
- Policyholder’s lack of concern about protecting the insured property
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