--%>
Assignment Help - homework help

Bookkeeper problem regarding Moral Hazard

I have a problem in economics on Bookkeeper problem regarding Moral Hazard. Please help me in the following question. When a bookkeeper embezzles $1 million and flees to the Brazil after 22 years on the job, there is a trouble of: (i) Fugitive dereliction. (ii) Obvious inequity. (iii) Adverse selection. (iv) Moral hazard.

Select the most correct answer from the above.

   Related Questions in Microeconomics

  • Q : Falling probably interest rate The

    The interest rate will probably fall when households decide to: (w) consume more currently, shrinking the loanable funds obtainable for business investments. (x) buy new homes in place of restoring their old ones. (y) increase the liquidity of their a

    		•
  • Q : Problem on perfectly competitive

    Can someone please help me in finding out the accurate answer from the following question. The profit-maximizing firm which is perfectly competitive in the resource market however which has the market power in output market will hire labor at a point where: (1) VMP =

    		•
  • Q : Problem on economic profits A perfectly

    A perfectly competitive market contain 60 firms, each along with a total cost function of TC = 10y2 + 80 and a marginal cost function of MC = 20y. The market demand function is ymd = 600 - 7py. a. If the market price is $80.00, how much wi

    		•
  • Q : Characteristics of purely competitive

    Characteristics of purely competitive markets do not comprise: (w) homogeneous products. (x) large numbers of potential buyers. (y) large numbers of potential sellers. (z) the capability of sellers to set prices. I

    		•
  • Q : Determine demand curve for

    A tax will be forward-shifted totally when the demand curve is: (w) downward sloping and the supply curve are horizontal. (x) horizontal and the supply curve is upward sloping. (y) perfectly price inelastic and identical to the supply

    		•
  • Q : Price of a share of corporate stock

    When the price of a share of corporate stock increases, all else identical, there will be reduces in the: (w) overall liquidity of a portfolio which includes the stock.  (x) likelihood that the individual who owns the stock will sell this. (y) ra

    		•
  • Q : Reform National Welfare Before the

    Before the national welfare reform of 1996s, where Aid to Families with Dependent Children [AFDC]: (w) was the principal government program intended to alleviate poverty. (x) was exempt from any form of taxation. (y) generated pressur

    		•
  • Q : Theory of the Firm The advantages that

    The advantages that firms confer on society do not comprise: (i) Decreasing the transaction costs. (ii) Raising consumer purchasing power. (iii) Facilitating the specialization in production. (iv) Raising the consumer demand. (v) Boosting the national income.

  • Q : Price elasticity of demand when price

    When P = $10 for Tiny Tee-shirts, and Q = 20, but when P = $5, Q = 25. The price elasticity of demand for Tiny Tee-shirts of: (w) 3.0. (x) 1/3. (y) 1/2. (z) 21. Can anybody suggest me the proper explanation for giv

    		•
  • Q : Statement of Law of Demand The law of

    The law of demand defines that when a good’s price increases, its quantity demanded will drop: (1) No matter what occurs to other variables. (2) When all as well is supposed constant. (3) Since its demand curve shrinks. (4) If substitutes become

    		•