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The Probability That a Risk Event Will Occur Is Higher

question 63

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The probability that a risk event will occur is higher during the initial stages of a project.


Definitions:

Sales Area

The specific geographic or virtual space where a business's products or services are offered and sold to customers.

Trial Period

A specific duration during which a product or service is tested or used before deciding to continue or terminate its use.

Real Estate Broker

A licensed professional who acts as an intermediary between buyers and sellers of real estate, often earning a commission for facilitating transactions.

Breach of Contract

The incapacity to fulfill any condition of a contract, whether it's written or spoken, in the absence of a justified legal reason.

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