Multiple Choice
Moral hazard in auto insurance might refer to:
A) an auto owner failing to maintain the car, increasing the likelihood of an accident.
B) an applicant withholding information from the insurance company about the likelihood of having an accident.
C) an applicant lying on their application form about their health history.
D) an applicant having more cars than they announce when they complete their application.
Correct Answer:

Verified
Correct Answer:
Verified
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