A college student is taking a full course load,working 20 hours per week,and still has to take out a student loan to cover tuition.One day,he sees a classmate driving a new Lexus LFA sports coupe (price: $375,000)and feels he just has to have one for himself.What factor is MOST LIKELY to prevent a successful marketing exchange between the student and the local Lexus dealer located in an affluent suburb about 20 miles from his university?
A)The local Lexus dealer only has one Lexus LFA sports coupe in stock-red,which is the color he wants.
B)The student does not have the resources to qualify for a $375,000 auto loan.
C)Although the Lexus LFA sports coupe is a great car,there may be other cars with better gas mileage and resale value.
D)He's afraid that if someone at school sees him with the car,he might lose his student loan.
E)His girlfriend wants him to drive a Kia Soul.

Question

Quizplus · Accepted Answer

The student's lack of resources to qualify for the $375,000 auto loan is the most likely factor to prevent a successful marketing exchange. The student is already working and taking out loans to cover tuition, so it is unlikely that they would have the financial means to qualify for such a large loan.

A College Student Is Taking a Full Course Load,working 20