Example of a process designed to combat moral hazard problem

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Reference no: EM13815121

Which of the following is not an example of a process designed to combat moral hazard problems?

a. Banks include restrictive covenants in loan agreements.

b. Universities have student’s complete evaluations of professor performance at the end of a class.

c. Insurance companies require applicants to provide medical history information as part of the application process.

d. Employers regularly monitor employee performance.

Reference no: EM13815121

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