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
East Hampton North, New York

... to the United States Census Bureau, the town has a total area of 14.5 km² (5.6 mi²). 14.5 km² (5.6 mi²) of it is land and none of the area is covered ...

 
 
 
This page was created in 43.3 ms