External risk

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External Risks are risks that are produced by a non-human source and are beyond human control. They are unexpected but happen regularly enough in a general population to be broadly predictable.

Good examples of external risks are natural disasters such as earthquakes and volcanoes.

[edit] References

  • Giddens, Anthony (1999). “Risk and Responsibility”. Modern Law Journal, Vol. 62 No. 1, p. 4.
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