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Write me 1-2 paragraphs per components of the question; each paragraph should be 4-5 sentences each. New Times Roman font size 12. May be double

Write me 1-2 paragraphs per components of the question; each paragraph should be 4-5 sentences each. New Times Roman font size 12. May be double spaced.

What is a contingency plan (CP)? What are the components of the contingency plan and why should a business have one? Explain what each of the components of the CP are and what they cover.

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