frankmoon53902 frankmoon53902

04-05-2024
Business

Answered

Let us suppose that you apply for a bank loan. You tell the bank that you are going to remodel your house, but after you get the loan you go to Las Vegas to gamble with the money. Your behavior is an example of:

A. moral hazard
B. direct credit allocation
C. indirect credit allocation.
D. adverse selection

Answer :

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