Question

It is a situation in which one party gets involved in a

Q: Answer-It is a situation in which one party gets involved in a risky situation where the party knows that i...

Moral hazard is a situation in which one party gets involved in a risky event knowing that it is protected against the risk and the other party will incur the cost. It refers to behavioral changes that might occur and increase the risk of loss when a person knows that insurance will provide coverage.

risky situation where the party knows that it is protected through insurance and the other party will incur the loss?

A Moral Hazard

B Forgery

C Floating Policy

D Endorsement

E Binder

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एक तद्भव शब्द है

It is a situation in which one party gets involved in a

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