One of the risk events you’ve identified is classified as force majeure. What risk response is likely

to be used?

A.
Acceptance

B.
Transference

C.
Enhance

D.
Mitigation

Explanation:

Force majeure describes acts of God (Natural disaster), such as tornados and fires, and are
usually accepted because there’s little than can be done to mitigate these risks.
Answer D is incorrect. Mitigation isn’t the best choice, as this lowers the probability and/or impact
of the risk event.
Answer C is incorrect. Enhance is used for a positive risk event, not for force majeure.
Answer B is incorrect. Transference transfers the risk ownership to a third party, usually for a fee.