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The key to liability under
Utility
An economic term that represents the satisfaction or pleasure individuals gain from consuming goods or services.
Risk Neutral
A situation or attitude wherein an individual or entity is indifferent to risk when making investment decisions, caring only about the expected outcome.
Income Potential
The maximum earnings possible for a person or entity, considering various factors like skills, market demand, and economic conditions.
Expected Value
The anticipated value of a variable, computed as the sum of all possible values each multiplied by the probability of its occurrence.
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