Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Choose the best definition of risk transfer.
O Risk transfer is the shifting of the risk to a third party.
O Risk transfer is when an inherent risk is present, but the organization chooses not to act.
O Risk transfer eliminates the risk by completely avoiding the events causing the risk.
O Risk transfer is when a company decides to accept the risk but to minimize its impact if it occurs.
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Transcribed Image Text:View Policies Current Attempt in Progress Choose the best definition of risk transfer. O Risk transfer is the shifting of the risk to a third party. O Risk transfer is when an inherent risk is present, but the organization chooses not to act. O Risk transfer eliminates the risk by completely avoiding the events causing the risk. O Risk transfer is when a company decides to accept the risk but to minimize its impact if it occurs. eTextbook and Media Save for Later Attempts: 0 of 2
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