Transfer Risk Is the Risk in Attempting to Shift Assets

question 7

True/False

Transfer risk is the risk in attempting to shift assets or other funds out of the country. 

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Definitions:

Personal Property

Property that is movable; any property that is not real property; sometimes called personalty or chattel.

Economically Injurious Falsehood

A false statement made about a business or product that causes financial harm, also known as trade libel.

Disparagement of Property

Making false and damaging statements about someone's property or business practices, which may result in financial loss.

Legally Recognized Injury

A wrong or damage suffered by an individual which is identified and acknowledged under the law for purposes of compensation or remedy.