wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

_______ refers to the probability of any mis-happening that can result into financial, reputational or psychological losses to the parties involved in a transaction.

A
Loss
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
Distress
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
Virus
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
Risk
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
Open in App
Solution

The correct option is D Risk
Risk refers to the chances or probability of any mis-happening to certain activities of the business that can destroy the image of the parties involved in the business transaction by hampering the financial, reputational and psychological factors of the business.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Characteristics of Businesses
BUSINESS STUDIES
Watch in App
Join BYJU'S Learning Program
CrossIcon