The Type of Risk That Includes Controls on Exports,imports,controls on the Movement

question 24

Multiple Choice

The type of risk that includes controls on exports,imports,controls on the movement of currency,restrictions on licensing and investment,and controls over physical property located in a country is:

• A) Legal risk.
• B) Political risk.
• C) Economic risk.
• D) Currency risk.

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Definitions:

Easement By Necessity

A type of easement granted by law when it is necessary for reasonable use of a property, commonly for access to landlocked property.

Adverse Possession

An involuntary property transfer in which a person acquires ownership of property by treating a piece of real property as his or her own, without protest or permission from the owner.

Easements

A right granted to a person or entity to use a portion of another’s property for a specific purpose, without owning it.

Profits

The financial gain made in a transaction or operation after all expenses are subtracted from revenue.