Post Utme Bowen University 2020 Commerce Question 36

Practice objective / multiple choice question 36 from the 2020 Post Utme Bowen University Commerce examination.

Post Utme Bowen University 2020 Commerce Objective / Multiple Choice
Question 36 POST_UTME_BOWEN_UNIVERSITY • 2020 • COMMERCE • objective

The concept of 'moral hazard' in insurance is closely related to which of the following?

Answer Options

A. Adverse selection
Correct Answer B. Moral hazard
C. Risk aversion
D. Diversification
Correct Answer
B
Correct Option:
Moral hazard

About This Question

This is Post Utme Bowen University 2020 Commerce Question 36. It is one of the objective questions from the 2020 Post Utme Bowen University Commerce examination.

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