Post Utme Lead City University 2021 Commerce Question 31

Practice objective / multiple choice question 31 from the 2021 Post Utme Lead City University Commerce examination.

Post Utme Lead City University 2021 Commerce Objective / Multiple Choice
Question 31 POST_UTME_LEAD_CITY_UNIVERSITY • 2021 • 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 2021 Commerce Question 31. It is one of the objective questions from the 2021 Post Utme Lead City University Commerce examination.

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