Which Method(s) of Risk Analysis Have Both Pros and Cons

question 7

Multiple Choice

Which method(s) of risk analysis have both pros and cons attached?

• A)Quantitative
• B)Qualitative
• C)Stringent
• D)A and B

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Definitions:

Material Misrepresentation

An untrue assertion of fact by one individual to another that leads to the latter being persuaded into a agreement.

Affirmative Disclosure

The requirement for parties, especially in commercial transactions, to proactively share relevant information, rather than merely avoiding falsehoods.

FTC

The Federal Trade Commission, a United States government agency established to protect consumers and ensure a strong competitive market by enforcing antitrust and consumer protection laws.

TV Advertisements

Commercial messages aired on television, designed to promote the sale of products or services to viewers.