(Answered) : 35. A moral hazard is: a. Liable to be subject to sin taxes b. A cost associated with medical malpractice c. What the HMO industry

35. A moral hazard is: a. Liable to be subject to sin taxes b. A cost associated with medical malpractice c. What the HMO industry objects to if subject to malpractice awards d. That which occurs when risky or otherwise undesirable behavior is encouraged e. A sin Extra credit: 36. OSHA is important to: a. Safety b. Criminal law reform c. Obama Care d. Free Trade e. World peace

Expert Answer

1) Moral hazard is that which occurs when risky or otherwise undesirable behavior is encouraged. It happens when out out of two parties involved maybe in some trade

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