What Is the Risk Associated with Creative Action

question 59

Multiple Choice

What is the risk associated with creative action?

• A) The action is new.
• B) The action may fail.
• C) The action opens doors to new possibilities.
• D) The action contributes to a new sense of meaning.

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Definitions:

Tax Advantage

Financial benefits that apply to certain accounts or investments which are provided to encourage specific behaviors, such as saving for retirement. These advantages can lead to a reduction in tax liability.

Personal Liabilities

Debts or obligations that an individual is responsible for, as opposed to those belonging to businesses or governmental entities.

Limited Partners

Investors in a partnership who have limited liability to the extent of their investment in the partnership. They do not partake in the day-to-day management of the business.

Limited Liability

A legal structure that limits the personal financial risk for shareholders of a company to the amount they invested in the company.