Examlex
Grant has recently been released from a state prison after the successful completion of his sentence for drug crimes. He has made a promise to himself that he will not go back to prison and will try to do everything he can to reintegrate back into the community. Grant would really like to vote in the upcoming election; however, he has been informed that it will not be possible, at least for this election. Grant also has had a difficult time finding employment. It seems that most employers just do not want to take a chance on someone with a record.
Grant's ______ have not been restored yet, as evidenced by the fact that he is not allowed to vote in the upcoming election.
Perfect Information
A situation in which all participants have full and equal knowledge of all relevant factors affecting decisions.
EMV
Expected Monetary Value, a decision-making tool used in risk management to calculate the average outcome when the future includes scenarios that may or may not happen.
Medium Potential
A term indicating a moderate level of capacity or ability to achieve or develop something in the future.
Opportunity Losses
The losses incurred by not choosing the best alternative financial option, often considered in decision-making processes to evaluate different investment or business strategies.
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