Westonci.ca is the Q&A platform that connects you with experts who provide accurate and detailed answers. Our platform provides a seamless experience for finding precise answers from a network of experienced professionals. Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A platform.
Sagot :
Yes, if there were no asymmetry in the information that a borrower and a lender had, there could still be a moral hazard problem.
There could still be a moral hazard problem if there were no asymmetry in the information that a borrower and a lender had. This is because even if you know that a borrower is taking actions that might jeopardize paying off the loan, you must still stop the borrower from doing so.
Moral hazard problem usually occurs when there is asymmetric information between two parties, such as borrowers and lenders, and a change in the behavior of one party occurs after an agreement between the two parties is reached.
Hence, to learn more about Moral hazard here:
https://brainly.com/question/26367615
#SPJ4
Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. Thanks for using our service. We're always here to provide accurate and up-to-date answers to all your queries. We're glad you chose Westonci.ca. Revisit us for updated answers from our knowledgeable team.