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Question #48989

Which of the following is an example of moral hazard ?

Options:

A) After Gull buys fire insurance, he begins to smoke cigarettes in bed.

B) None of these answers demonstrate moral hazard

C) Mahmood has been feeling poorly lately so he seeks health insurance

D) All of these answers demonstrate moral hazard

Answer: Which of the following is an example of moral hazard After Gull buys fire insurance, he begins to smoke cigarettes in bed..

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