Instead of changing the oil in my car by myself, I take my car to a 10-minute oil change store. Although it's fast and inexpensive, what type of problem might I encounter?

Question

Quizplus · Accepted Answer

When you take your car to a 10-minute oil change store, you may encounter a principal-agent problem. This occurs when the service provider (agent) has more information about the service than the car owner (principal) and may not act in the best interest of the car owner, potentially leading to unnecessary services or poor-quality work.

Instead of Changing the Oil in My Car by Myself