Difference Between Moral hazard and Morale hazard discussion

timer Asked: Mar 4th, 2019
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Question Description

Answer these two questions in an Essay form no more than one full page of both questions, half page of each question:

12 Font

single spaced

the instructions will be bellow

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1. Difference between Moral Hazard and Morale Hazard, Why Moral Hazard is important concept to insurance company? Explain your answer with examples

ç2. The high cost of liability insurance has made some people believe that this kind of insurance should be eliminated because the cost is too high for the society. Do you agree with it? ch. 2 & 19     Explain your answer with examples:

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School: Cornell University


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