Risk Is

question 21

Multiple Choice

Risk is:

• A)the probability that return will be less than expected.
• B)the standard deviation of the probability distribution of returns.
• C)variability in return.
• D)All of the above

---

Definitions:

Database Contracts

Contracts that specifically deal with the creation, use, and maintenance of databases, including licensing and access rights.

Unilateral Mistake

In contract law, a mistake made by only one of the contracting parties. Unilateral mistake does not offer sufficient grounds for recession or renegotiation.

Rescind Contract

The process of legally voiding a contract, thereby returning all the parties involved to their original state as if the contract had never occurred.

Firm Offer

In contract law, refers to an offer that remains valid for a specified period during which it cannot be withdrawn by the offeror.