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David is the project manager of the HRC Project. He has identified a risk in the project, which could cause the delay in the project. David does not want this risk event to happen so he takes few actions to ensure that the risk event will not happen. These extra steps, however, cost the project an additional $10,000. What type of risk response has David adopted?
Correct Answer: B
is incorrect. David has not hired a vendor to manage the risk for his project; therefore he is not transferring the risk.