Which of the Following Would Involve Speculative Risk

question 137

Multiple Choice

Which of the following would involve speculative risk?

• A)purchasing a life insurance policy
• B)purchasing a burglar alarm system for your home
• C)purchasing an extended warranty on your television set
• D)purchasing a lottery ticket

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Definitions:

Unconditioned Stimulus

A stimulus that naturally and automatically triggers a response without the need for prior learning.

Conditioned Stimulus

An initially neutral signal that, once associated with an unconditioned stimulus, triggers a learned response.

Conditioned Response

is a learned reaction to a conditioned stimulus that occurs because of previous conditioning, typically in the context of classical conditioning.

Unconditioned Stimulus

A stimulus that naturally and automatically triggers a reflexive response without the need for prior learning.