Post Utme Futo 2017 Commerce Question 8

Practice objective / multiple choice question 8 from the 2017 Post Utme Futo Commerce examination.

Post Utme Futo 2017 Commerce Objective / Multiple Choice
Question 8 POST_UTME_FUTO • 2017 • COMMERCE • objective

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

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 Futo 2017 Commerce Question 8. It is one of the objective questions from the 2017 Post Utme Futo Commerce examination.

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