$($i$)$ List any three risks under the three ESG categories faced by a typical institution.

$[6$ marks$]$

$($ii$)$ Using ONE different risk for each of those listed above. Give a brief outline of:

$($a$)$ Describe how the risk arise and also how it can be managed. $[6$ marks$]$

$($b$)$ Craft a typical risk policy and its components $[8$ marks$]$

$($iii$)$ Explain how risk financing methods could be used by a firm in distress. $[8$ marks$]$

$($iv$)$ Using a case from the internet. Discuss possible business continuity challenges faced by a

casualty $[$or failed firm$]$ and suggest how you could have managed the risk.