High-Involvement Purchases Typically Have Which of the Following Sets of Characteristics

question 338

Multiple Choice

High-involvement purchases typically have which of the following sets of characteristics?

• A)The item is inexpensive,widely available,or simple to use.
• B)The item is inexpensive,very safe to use,or purchased with great frequency.
• C)The item is expensive,new to the market,or recommended by influential personal sources.
• D)The item is expensive,can have serious personal consequences,or could reflect on one's social image.
• E)The item is inexpensive,new to the market,or is used for over five years.

---

Definitions:

Insurance Policy

A contract between an insurer and a policyholder that defines the terms under which the insurer agrees to indemnify the policyholder against losses, damages, or liabilities arising from certain events.

Estimable Credit Company

A reputable financial organization known for providing reliable credit services to its customers.

Fire Insurance Policy

A contract between an insurer and policyholder that provides financial protection against losses or damage due to fire.

Unoccupied

Referring to a place or dwelling that is not currently being lived in or used.