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Which one of the following is NOT an example of the tra…

The risk transference is referred to the transfer of risks to a third party, usually for a fee, it creates a contractual-relationship for the third party to manage the risk on behalf of the performing organization. Which one of the following is NOT an example of the transference risk response?

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A.
Use of insurance

B.
Life cycle costing

C.
Warranties

D.
Performance bonds


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