Moral Hazard Describes a Scenario in Which People Behave

Moral hazard describes a scenario in which people behave:

A) morally and a negative consequence occurs.
B) in a riskier fashion or renege on agreements when they do not face the full consequences of their actions.
C) in a riskier fashion when they don't understand the consequences of their actions.
D) behave morally but end up in a dangerous situation.