If you choose to take responsibility for the negative results of a risk, you are using

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Risk assumption is the act of accepting the potential negative consequences of a risk. This means that you are acknowledging the potential harm or loss that could result from a risk and are choosing to take responsibility for it. This may be seen as a proactive approach as it allows you to anticipate and prepare for potential risks. Risk avoidance, risk reduction, and risk shifting are all strategies that involve trying to either minimize or transfer risk, whereas risk increasing would be the opposite of what one would want to do in a risk management situation.

If You Choose to Take Responsibility for the Negative Results