Question: Evaluate whether the following statements are True, False, or Uncertain. Explain your answer. You MUST provide an explanation to receive ANY marks for these questions!

Evaluate whether the following statements are True, False, or Uncertain. Explain your answer. You MUST provide an explanation to receive ANY marks for these questions! Moral hazard is a term used to describe the phenomenon under which the uniformed side of a deal gets exactly the wrong people trading with it.

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