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Mortgages and Home Ownership

Question 1 • Personal Finance - EL3403

If Adrian chooses not to make the purchase because the risks are too high, he will be risk.

Answer
A
accepting
B
avoiding
C
sharing

Explanation

Risk avoidance means choosing not to take an action that could expose you to a risk. Since Adrian decides not to make the purchase because the risks are too high, he is avoiding the risk. Accepting or sharing the risk would involve proceeding while keeping or transferring some of the exposure.

AI-written and checked against the verified answer.

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