All of the statements below represent exposures to Financial risks, except:

I. Hurricane damaged the oil drilling platform in the Gulf of Mexico that resulted in oil spill;

II. Loss of data records from CRM system because of hackers attack;

III. Government officials announce new legislation in oil-refining industry pushing plants to produce higher quality petrol;

IV. The bankruptcy of a bank with which an organisation holds its current account and, therefore, inability of the organisation to pay to its suppliers;

V. Financial analyst hired by an outsourced HR agency had been implementing a new hedging strategy which resulted in enormous margin calls during the financial crisis.

Select one:

a.only III and IV

b.only IV and V

c.Only V

d.Only IV

e.Only I, II and III