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    Financial Markets and Institutions Study Set 1
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    Exam 2: Overview of the Financial System
  5. Question
    A ________ Is When One Party in a Financial Contract
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A ________ Is When One Party in a Financial Contract

Question 38

Question 38

Multiple Choice

A ________ is when one party in a financial contract has incentives to act in its own interest rather than in the interests of the other party.


A) moral hazard
B) risk
C) conflict of interest
D) financial panic

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