Which of the Following Statements Is True of Financial Risk

question 40

Multiple Choice

Which of the following statements is true of financial risk?

• A)It is the risk that involves the fears that consumers suffer when they worry others might not regard their purchases positively.
• B)It is the risk that involves the perceived danger inherent in a poorly performing product or service.
• C)It is the risk associated with the fear of an actual harm should a product not perform properly.
• D)It is the risk that includes the initial cost of a purchase, as well as the costs of using the item or service.
• E)It is the risk associated with the way people will feel if a product or service does not convey the right image.

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Definitions:

Bailee

A person or entity that has been entrusted with temporary possession, but not ownership, of personal property by another, known as the bailor.

Commercial Aircraft

Airplanes designated for carrying passengers or goods, operated by airlines or cargo carriers, as opposed to military or private aircraft.

Flight Attendant

An airline employee responsible for ensuring the safety, comfort, and service to passengers aboard flights.

Bailment for Reward

A legal relationship that involves the temporary transfer of personal property to another for a specified fee or reward.