Question
It is a situation in which one party gets involved in a
risky situation where the party knows that it is protected through insurance and the other party will incur the loss?Solution
Moral hazard is a situation in which one party gets involved in a risky event knowing that it is protected against the risk and the other party will incur the cost. It refers to behavioral changes that might occur and increase the risk of loss when a person knows that insurance will provide coverage.Â
The coefficient of ‘b2’ in (3a + b)3 is
[a/(2a²  + 5a + 2)] = 1/6 , then find the value of (a+1)/a ?
If (x24Â +Â 1)/x12Â = 7, then the value of (x72Â +Â 1)/x36Â isÂ
If x + 1/x = 3, find the value of x³ + 1/x³.
If x + y + xy = 118, such that x < y and both 'x' and 'y' are positive integers, then find minimum value of (x + y) .
If, ( a + b = 12 ) and ( a² + b² = 80 ), then find the value of (a³ + b³). Â
If (2a + b)/(3b - 2b) = 13/2 then 'b' is what percent of 'a'?
If (x2 + y2) = 9 and (xy)2 = 3, then find the value of (x4 + y4).
What is the average of the first 20 multiples of 12?
If a – b – c = 0, then the value of (a2 + b2 + c2)/(b + ac) is: