Post Utme Lead City University 2018 Commerce Question 26

Practice objective / multiple choice question 26 from the 2018 Post Utme Lead City University Commerce examination.

Post Utme Lead City University 2018 Commerce Objective / Multiple Choice
Question 26 POST_UTME_LEAD_CITY_UNIVERSITY • 2018 • 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 Lead City University 2018 Commerce Question 26. It is one of the objective questions from the 2018 Post Utme Lead City University Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support