Which type of risk is not usually influenced by external factors?

Performance risk is primarily related to the ability of a party to fulfill its contractual obligations and perform according to the agreed-upon standards. This type of risk generally stems from internal factors such as operational processes, project management capabilities, and resource availability. It is associated with the specific actions and efficiencies of the parties involved in fulfilling the contract.

In contrast, market/economic risk, legal risk, and force majeure risk are all significantly influenced by external factors. Market/economic risk can be affected by fluctuations in economic conditions, such as changes in demand, supply chain disruptions, or shifts in consumer behavior. Legal risk is influenced by changes in laws and regulations that can impact contractual obligations or business operations. Force majeure risk pertains to unpredictable external events, such as natural disasters or political unrest, that may prevent parties from fulfilling their contractual obligations.

Thus, performance risk stands out as the type less affected by external variables, making it the correct choice in this context.