A) What is risk transference? (1 point)
A strategy whose goal is to eliminate the risk of loss by stopping the action or behavior that leads to it
A strategy that reduces risk by minimizing the chance that the loss occurs or reduces the value lost.
A strategy where the risk of loss is shared with another person, entity or group.
A strategy that accepts that the amount at risk is worth the risk taken or that the cost of risk mitigation is too high.
1 answer
C) A strategy where the risk of loss is shared with another person, entity or group.