This Type of Risk Occurs If Consumers Feel That Making

question 108

Multiple Choice

This type of risk occurs if consumers feel that making the wrong decision might cause some concern or anxiety.

• A) Financial risk
• B) Psychological risk
• C) Physiological risk
• D) Social risk
• E) Situational risk

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Definitions:

Administrative Law

A branch of public law that governs the activities of administrative agencies of government.

Substantive Rules

Laws that govern how people's rights or duties are to be handled, as opposed to procedural rules which dictate how the legal process is conducted.

Government in Sunshine Act

A law that requires certain meetings of governmental agencies to be open to the public.

Federal Register

The government publication in which an agency publishes each proposed rule, along with an explanation of the legal authority for issuing the rule and a description of how the public can participate in the rule-making process, and later publishes the final rule.