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The Risk Control Strategy That Attempts to Eliminate or Reduce

question 32

True/False

The risk control strategy that attempts to eliminate or reduce any remaining uncontrolled risk through the application of additional controls and safeguards is the protect risk control strategy,also known as the avoidance strategy.____________


Definitions:

Alimony

Financial support paid to a former spouse after a marriage has been terminated. The alimony may be permanent or temporary, rehabilitative.

Common Law Marriage

A marriage that is formed by mutual consent and without a marriage license or ceremony. The couple must be eligible to marry, have a present and continuing agreement to be a couple, live together as a couple, and hold themselves out to the public as a couple. Many states do not recognize common law marriages.

Cohabitate

The act of living together in a shared residence, typically in a romantic or familial relationship, without being married.

Emancipated

The status of a minor who has received legal independence from parental control, often through a court process.

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