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Notion of moral hazard to your response

Please describe briefly.

Problem 1. Consider whether you would buy a used car from a person or from a dealership. What are the pros and cons of each and how does that relate to the chapter material?

Problem 2. Discuss two factors that may affect a person's credit score and apply the notion of moral hazard to your response.

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Finance Basics: Notion of moral hazard to your response

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Finance Basics: Notion of moral hazard to your response

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