Question

To assess risk and return involved in a purchase decision, which practical questions should a potential buyer ask? Check all that apply.

A. What can go wrong?
B. What are the alternatives?
C. Is risk avoidable?
D.What is the likely return?
E. Is the risk worth the return?

Answer 1

The practical questions that a buyer should ask are: -What can go wrong? And -Is the risk worth the return? These questions are very deep that can help the buyer in his or her decisions in purchasing a product. These are critical questions that must be answered by the seller because these questions will test if the product is worth to pay.

Answer 2

I believe the answer is:

- What can go wrong?
This question is asked to find out the potential risk that may occur after purchasing the product.

- What is the likely return?
This question is asked to find out potential benefit from consuming the product

-Is the risk worth the return?
The purchase should be made only if the potential benefit would outweigh potential risk