What term describes a body of persons delegated to consider, investigate, take action on, or report on some matter?

• A. Committee
• B. Moral Hazard
• C. Leverage
• D. Reciprocity

Answer: (A)

A committee is a formal group formed to consider, investigate, take action on, or report on a specific matter. In organizations, committees are created to pool expertise, study issues in depth, and make recommendations or decisions within a defined mandate and scope. This fits the description because it emphasizes a body of people delegated to handle a matter together, rather than actions like individual risk-taking, financial shaping, or social exchange.

The other terms refer to different ideas: moral hazard is about changes in behavior when someone is insulated from risk; leverage is using borrowed funds to amplify outcomes; reciprocity is mutual exchange in social or ethical relationships.