Mike assumed all the risk.
An entrepreneur is typically a small business owner who starts their own business and assumes all the risk. This means that if the business fails, the entrepreneur is the one who looses his investment. If the business is sued or does not deliver on their end of a contract, this is also the responsibility of the entrepreneur.
Income not used for consumption is called saving, C.
Answer: A. Actual self is being affected by social interactions and social roles
Explanation:
Actual self can be determined by the self awareness. In this attributes that the person possess or believe others are possessing. It is the basic concept of self knowledge to a person. It is the person's perception about attributes like attractiveness, intelligence and others. The actual self can be influenced by the social interaction with others the person may face negligence, and rejection can develop perception about own self and for others.
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