Which of the Following Circumstances Would Cause a Risk Management

question 58

Multiple Choice

Which of the following circumstances would cause a risk management department to consider referring a commercial dispute to alternative dispute resolution?

• A) The parties are unconcerned about privacy or confidentiality.
• B) The parties disagree about the nature of the disputed issues.
• C) The parties both desire a quick resolution of minor problems.
• D) One or more of the parties does not respond to cost incentives.

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Definitions:

Assumptions

A considered belief or supposition made before having full knowledge, used as a basis for decision-making in various contexts.

Inhibits

Describes the action of hindering, limiting, or preventing something from progressing or occurring.

Business Cards

Small cards printed with one's name, professional occupation, company position, business address, and other contact information, exchanged for networking purposes.

Meaningful Conversations

Engagements or discussions that have depth, relevance, and significance to the participants.