____ Is the Control Approach That Attempts to Shift the Risk

question 38

Multiple Choice

____ is the control approach that attempts to shift the risk to other assets,other processes,or other organizations.

• A)Transference
• B)Mitigation
• C)Acceptance
• D)Avoidance

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Definitions:

Raising The Check

Increasing the amount payable on a check, often through unauthorized alteration.

Transfer Warranty

A legal guarantee by the seller that they have the right to transfer a title and that the title is free from any lien or encumbrance not disclosed in the contract.

Jones V.Wells Fargo Bank, N.A.

A legal case involving allegations against Wells Fargo Bank regarding its mortgage practices.

Conversion

The unauthorized act of taking someone else's property and converting it into one's own use, which infringes on the legal rights of the owner.