Which of the Following Is Not a Common Risk Management

question 28

Multiple Choice

Which of the following is not a common risk management approach?

• A)Avoid risk.
• B)Reduce risk.
• C)Retain risk.
• D)Share risk.
• E)All of the above are common risk management approached.

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Definitions:

Logic

The systematic study of the form of arguments; a branch of philosophy dealing with the principles of reasoning and argumentation.

Appeal To Majority

A fallacy in reasoning that argues that a proposition must be true because many or most people believe it.

Fallacy

A flaw in reasoning or a mistaken belief based on unsound argumentation.

Experts

Individuals who have extensive knowledge or proficiency in a specific field.