QUESTION $39$

Sammy Slugger, the baseball player, has a good year in $2022.$ He signs a big contract after the $2022$ season. Unfortunately, he shows up for spring training in $2023$ out of shape and ends up having a bad year. This is an example of:

a$.$ Moral hazard

b$.$ Adverse selection

c$.$ Both of the above

d$.$ Neither of the above