15 mark question - 3/4-1 a4 in lenght.

talking about how to deal with morale hazard.

thank you in advance

2. It is aggued that tho provence of mocal hamtd in fintncial marketr influcnces firms' choices between debt and equity contracts and the chierved features of the firuncial structure of debt markets. Explain why thin may be the case? What lools oc features of financial markets and institutions can help to solve the problems associated with moral hamerd