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Patrick Has a Great Idea for a New Business Venture

question 112

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Patrick has a great idea for a new business venture. Even after conducting research, he is not certain whether he can make a go of it. Patrick is concerned about _____ risk.


Definitions:

Century BCE

A term used to denote years before the Common Era, typically used in historical context.

Hedonist

An individual who believes that the pursuit of pleasure is the most important goal in life.

Pleasure

A state of feeling happy, satisfied, or enjoyable.

Sole Good

The concept in ethics that there is only one ultimate value or good towards which all actions are directed.

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