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Home › Bihar Board Class 12 (Commerce) › Business Studies › Emerging Modes of Business › In online transactions, risk means the probabili…

In online transactions, risk means the probability of what?

AHigher profit margins
BAny mishap causing loss
CFaster delivery times
DLower selling prices
Answer & Solution
Correct answer: B. Any mishap causing loss
Risk is the probability of any mishappening that can cause financial, reputational or psychological loss.
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