Question

describe the different types of risks involved in business transactions ?

Answer 1

1) time delay entering into contract and settling it
2) breaking down transaction risk
3) political risk
4) operational risk
5) country risk
6) technological risk
7) environmental risk
8) strategical risk

Answer 2

The risk of purchasing a counterfeit product, with the current market structure there are so many unworthy brokers who take advantage of the of the little knowledge that the consumer might be having and they decide to come up with their counterfeit to make more cash for unworkable efforts.