An entrepreneur invents a new product which has great promise. The entrepreneur takes the company "public" and acquires a lot of money to bring the good to market. After raising these funds, the entrepreneur then goofs off, pays himself a huge salary, and bankrupts the company. This is an example of: $q,$

moral hazard.

the lemon problem.

the winner's curse.

efficiency wages.

$$ adverse selection.

"Lemon Laws" are meant to:

make selling cars less profitable for dealers.

make selling cars more profitable for dealers.

decrease consumer confidence in the purchasing of cars.

increase consumer confidence in the purchasing of cars.