Homework: Assignment #1 Pearson (Accounting Theory) Question 1, P1-4 (book/static) Part 1 of 2 HW Score: 0%, 0 of 3- O Points: 0 of 12 Using the following table, identify the characteristics of adverse selection and moral hazard and when they are most likely to apply. For example, for the first item, which of hidden action or hid adverse selection? Which is more closely associated with moral hazard? Hidden action or information? Information about past, present, or future? Associated with the market for "lemons" or insurance deductibles? Adverse selection Moral hazard