Someone directly involved in a transaction can solve the problems caused by information asymmetry by:
A)proofing.
B)building a reputation.
C)enacting disclosure laws.
D)mandating that information be shared.

Question

Quizplus · Accepted Answer

Building a reputation helps mitigate the problems caused by information asymmetry as it assures the other party of the quality and reliability of the person or entity involved in the transaction.

Someone Directly Involved in a Transaction Can Solve the Problems