Jade, a working professional, began driving rashly ever since she got

QUESTION

Jade, a working professional, began driving rashly ever since she got her car insured against damage. She believed that the insurance claim would cover her in case of any accidents. What does Jade’s behavior display?

A. Cognitive dissonance

B. Conflict of interest

C. Systemic risk

D. Moral hazard

E. Tragedy of the commons

ANSWER

D