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To voluntarily assume a risk is to agree to take on some potential cost which may arise.

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15y ago

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Where can one find information about high risk credit card processing?

High risk credit card processing is the generation of a credit card for someone with poor, or bad credit, and are likely to default on the debt. The site, highriskpay, has information about it.


What is an advantage of a short term loan?

less risk for the lender (liquidity) -> less collateral and information required.


There no risk management case for establishing a retention fund under the assumption of no transaction costs how this affects retention funds?

Under the assumption of no transaction costs, establishing a retention fund presents no risk management case because the absence of transaction costs removes the financial incentive to hold funds for future contingencies. In such a scenario, organizations can freely allocate resources without worrying about the expenses associated with buying or selling assets. Therefore, the retention fund's purpose—to cushion against potential future losses—becomes less relevant as the cost of securing those assets is negligible. As a result, the need for a dedicated retention fund diminishes significantly.


What is the difference between a credit score and trans risk score?

I also am trying to get this information. One Credit Card Vendor provides a Trans-Union Score and another C.C. company provides a Trans Risk Score. They run about 100 points apart with the Trans Risk score being the lower of the two. Calls to Trans Union and the Credit Card people do not provide any information? . . . Anyone?


Is it true that One advantage of the payback method for evaluating potential investments is that it provides information about a project's liquidity and risk?

true

Related Questions

Elements of assumption of risk and defense?

* * * * * *


What is the relationship of business profits and risk assumption?

mostv risk most profit


What word best describes a risk undertaking?

assumption


What two elements are required for the assumption of risk defense?

In order to successfully assert the assumption of risk defense, two key elements are required: (1) the plaintiff must have knowledge of the specific risk involved, and (2) the plaintiff must voluntarily choose to accept that risk.


Give the General defenses in tort of law?

General defenses in tort law include contributory negligence (plaintiff's own negligence contributed to the harm), assumption of risk (plaintiff voluntarily assumed a known risk), and statute of limitations (plaintiff filed the claim after the allowed time period). Other defenses may include self-defense, necessity, and consent.


Which defense might a defendant use if the patients knew the inherent risk before treatment?

assumption of risk


What are voluntary risk factors for lung cancer?

smoking comes to mind


Assumption of risk?

Technique of risk management (better known as retention or Self-Insurance) under which an individual or business firm assumes expected losses that are not catastrophic, but protects against catastrophic losses through the purchase of insurance. (Business Dictionary) For the source and more detailed information concerning your request, click on the related links section (Answers.com) indicated at the bottom of this answer box.


What is The possibility of bearing a loss is called what?

Risk


What is the name of doctrine that holds that damages assessed in a negligent action are determined in part by the degree of negligence imputed to each party?

assumption of risk


What is Risk Management Information System RMIS?

An RMIS is a web site to access risk management information and tools.


What practice assumes that all blood and certain body fluids pose a risk for transmission of HIV?

The practice known as universal precautions makes the assumption that those bodily fluids pose a risk for transmission of HIV.