Ralph Played Mediocre Golf for Twenty Years

question 4

Multiple Choice

Ralph played mediocre golf for twenty years.The he retired and vowed to improve his golf game by buying one of the new golf clubs that promise increased distance and have a $700 price tag.Which of the following factors have determined Ralph's level of involvement in the purchase of a new technologically-advanced golf club?

• A) desire for positive consequences
• B) interest and previous experience
• C) self-concept and perception
• D) self-concept and perceived risk of positive consequences
• E) situation and self-concept

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Definitions:

Transferor

The party who transfers a right, title, or interest in property to another party, known as the transferee.

Dishonored Check

A check that a bank has refused to cash or pay because there are insufficient funds in the account on which it was drawn, or because it is considered a fraudulent check.

Contractual Obligation

is a legal duty that arises out of a contract, requiring a party to fulfill the terms of the agreement.

Drawer

Drawer is the party in a bill of exchange, such as a check, who is making the payment, directing the drawee (usually a bank) to pay a specified sum to the payee.