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11 November, 03:06

All but one of the following is a mechanism intended to provide reassurance against imperfect information. Which is it?

A. certification of labor

B. collateral

C. reputation

D. financial capital markets

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Answers (1)
  1. 11 November, 06:47
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    Answer:D. financial capital markets.

    Explanation:Imperfect Information is a term used in Economics to describe a situation where the two or more parties in a business contract have varying levels of Information about the said contract, one party may have more information about the Contract than the other party or parties.

    Reassurance is the process of removing the doubts of a person as to a given action or contract, it is essential to reassure investors in the case of market crisis by Organisations and Government.
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Home » Business » All but one of the following is a mechanism intended to provide reassurance against imperfect information. Which is it? A. certification of labor B. collateral C. reputation D. financial capital markets
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