Risk Retention Is Not a Good Idea If

question 58

Multiple Choice

Risk Retention is not a good idea if:

• A) the risk is unimportant
• B) you did not identify the risk
• C) the frequency is so low it almost will never happen
• D) the exposure is potentially catastrophic

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Definitions:

Second Continental Congress

A convention of delegates from the Thirteen Colonies that managed the colonial war effort during the American Revolution and adopted the Declaration of Independence.

Declaration Of Independence

A document adopted on July 4, 1776, by the Second Continental Congress, declaring the thirteen American colonies independent from British rule.

Treason

The act of betraying one's country, typically by attempting to overthrow the government or collaborating with enemy forces during times of war.

Articles Of Confederation

The first written constitution of the United States, ratified in 1781, which outlined a national government with limited powers and was later replaced by the U.S. Constitution in 1789.