What does this rebus riddle means ?

There was once a college that offered a class on probability applied to the real world. The class was relatively easy, but there was a catch. There were no homework assignments or tests, but there was a final exam that would have only one question on it. When everyone received the test paper it was a blank sheet of paper with a solitary question on it: 'What is the risk?'.Most students were able to pass, but only one student received 100% for the class! Even stranger was that he only wrote down one word!
What did he write?

Consider this: Arnold Schwarzenegger has a big one. Michael J. Fox has a small one. Prince doesn’t have one. The Pope has one but never uses it. Bill Clinton has one and uses it all the time. What is it?

I am an eight letter word and I am a computer terminology.
The second, third and fourth letters make an animal.
The fourth, fifth, sixth, seventh and eighth letters make a weapon.
The first, second, third and fourth letters can be taken as an outcome of any exam.
The fifth, sixth, seventh and eighth letter combine to form a high end typing software.

Can you tell who am I ?

What can go up a chimney down, but can’t go down a chimney up?

An American nightclub called 'The Coconut Grove' had a terrible fire in which over 400 people died. A simple design flaw in the building led to a high death toll. Subsequently, regulations were changed to ensure that all public buildings throughout the country eliminated this one detail, which proved deadly. What was it?

As a whole I am both
safe and secure.

Behead me and I become
a place of meeting.

Behead me again and I am
the partner of ready.

Restore me, and I become
the domain of beasts.

What am I?

Suppose you are sitting in an interview and the interviewee asks you an aptitude question.

You have three buckets with a capacity of 4 litres, 8 litres and 10 litres and you have a large tank of water. Now you have to measure 3 litres of water precisely using those buckets. How will you do it?

Replace the question mark with the correct number.

What two things can you never eat for breakfast?