Most young adults would like to own a high-end luxury automobile,even though most of them could not afford one.Which of the following types of risk is likely to prevent them from purchasing one?
A) Financial risk
B) Social risk
C) Performance risk
D) Safety risk
E) Time risk

Question

Quizplus · Accepted Answer

Since most young adults cannot afford a high-end luxury automobile, the financial risk of making such a large purchase is the most significant barrier. Financial risk refers to the possibility of loss or other negative consequences associated with a particular purchase. In this case, the cost of the luxury automobile represents a significant financial risk that may deter young adults from making the purchase.

Most Young Adults Would Like to Own a High-End Luxury