Encyclopedia > Moral hazard

Article Content

Moral hazard

In law, moral hazard is the name given to the phenomenon whereby one party to a contract can change their behaviour to the detriment of the other party once the contract has been concluded.

This article is a stub. You can help Wikipedia by fixing it.

All Wikipedia text is available under the terms of the GNU Free Documentation License

Search Encyclopedia

Search over one million articles, find something about almost anything!

Featured Article

Sanskrit language

... the zero grade, the guna grade vowel is traditionally thought of a V + a, and the vrdhii grade vowel as V + aa. One other notable feature of the nominal system is th ...