MANAGERIAL ECONOMICS (LOOSELEAF)
MANAGERIAL ECONOMICS (LOOSELEAF)
5th Edition
ISBN: 9781337571371
Author: FROEB
Publisher: CENGAGE L
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Chapter 20, Problem 8MC

Restrictive covenants on loans are used to avoid

  1. a. moral hazard.
  2. b. adverse selection.
  3. c. free riding.
  4. d. none of the above.
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