Substandard condo developments have often been built by small corporations that declare bankruptcy or go out of business when legal actions are started against them by condo buyers. What legal remedies might reduce this moral hazard$$ problem?

Part $2$

Legal remedies that might reduce moral hazard among small corporations that build condos include

Part $3$

A$.$

excluding these builders from insurance mandates.

B$.$

establishing wage maximums that these builders can be paid.

C$.$

providing limited liability for these builders who incorporate.

D$.$

prohibiting these builders from receiving deferred payments.

E$.$

required these builders to post a surety bond.