Explain the Types of Events That Result in Faulty Service

question 59

Essay

Explain the types of events that result in faulty service, a type of security loss.

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Definitions:

Arbitration

A method of resolving disputes outside the courts, where a neutral third party makes a decision.

Third Party

An entity or individual that is not directly involved in a transaction or agreement but may be affected by it or involved in facilitating it.

Settlement

The agreement reached between two parties to resolve a dispute or lawsuit outside of court.

Safe Workplace

A work environment that is free from dangers and hazards, ensuring the health and safety of employees.