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Asahi works as a procurement manager for a company that produces flammable products. Because the company stores many flammable materials and products, it is more likely than regular firms to buy fire insurance. This is a (an) problem. When Asahi was shopping for an insurance company on behalf of his firm, he decided to sign a contract with the insurance company with the most expensive quote because the insurance company's salesperson took him out for a fancy dinner. This is a (an) problem. adverse selection, principle-agent. adverse selection, moral hazard. O principle-agent, adverse selection. O principle-agent, moral hazard