Why Are the Elderly Especially Susceptible to Fraud Schemes

question 78

Multiple Choice

Why are the elderly especially susceptible to fraud schemes?

• A)The elderly are not especially susceptible;teens and young adults are as likely to fall victim to fraud schemes.
• B)Because the elderly generally live alone,are lonely,and possess financial resources that make them attractive targets.
• C)Because the elderly often suffer from dementia and other forms of diminished mental capacity that make them attractive targets.
• D)The elderly are not especially susceptible to fraud schemes because relatives or legal guardians typically control their finances.

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Definitions:

Consumer Psychology

The study of how people's thoughts, beliefs, feelings, and perceptions influence how they buy and relate to goods and services.

Sensory Organs

Sensory organs are specialized structures that organisms possess to detect and process environmental stimuli, including eyes, ears, nose, tongue, and skin.

Reproduction

Producing babies that survive long enough to also reproduce.

Survival

The act of continuing to live or exist, typically in spite of an accident, ordeal, or difficult circumstances.