It might be saying that not everything fun has to be dangerous.
A word or phrase that modifies a word not included in the sentence is a B. dangling modifier.
For example:
Knowing that it was getting cold outside, the pizza tasted very good.
C) Because it saves on shipping costs, and if the European firm got mad we'd be screwed. Wholly owning the subsidiary allows complete control and if it fails we simply pull out. Our patents are protected and free from the potential of sabotage.