The Formalassessment and Presentation of the Economic Expenditures Needed for a Particular

question 13

Multiple Choice

The formalassessment and presentation of the economic expenditures needed for a particular securitycontrol,contrasted with its projected value to the organization.

• A)defense risk control strategy
• B)mitigation risk control strategy
• C)acceptance risk control strategy
• D)termination risk control strategy
• E)risk appetite
• F)cost-benefit analysis
• G)cost avoidance
• H)asset valuation
• I)organizational feasibility
• J)single loss expectancy

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Definitions:

Real Defences

Real defences are legal arguments used in property law to assert a legitimate claim against the enforcement of a property interest or contract, often involving issues of ownership or consent.

Defect Of Title

A legal issue with the title to a property that may prevent a seller from providing clear ownership, affecting the ability to sell or transfer the property.

Personal Defences

Legal arguments used by individuals in court to justify their actions or to deny liability.

Holder In Due Course

A person who acquires a negotiable instrument before its due date that is complete and regular on its face, and who gave value for the instrument, without any knowledge of default or defect in the title of prior holders.