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For couples with two vehicles,each should be owned separately.
Risk Avoidance
A strategy in risk management involving the elimination of hazards, activities, and exposures that can negatively affect an organization's assets.
Execution Phase
The stage in a project or plan where the strategies and planning are put into action to achieve the project's objectives.
Risk Response Plan
A strategic approach to identifying, assessing, and developing options and actions to deal with potential threats or opportunities.
Total Risk
The complete range of potential threats to the success of a project or investment, encompassing both known risks and those that cannot be anticipated.
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