Those who generally have low willingness to take on risk are said to be:
A)risk-averse.
B)risk-seekers.
C)low-risk players.
D)high-compensation players.

Question

Quizplus · Accepted Answer

The term "risk-averse" refers to individuals who are generally hesitant or unwilling to take on risk. These individuals prefer to avoid uncertain or potentially negative outcomes and may opt for safer or more guaranteed options, even if they offer lower returns.

Those Who Generally Have Low Willingness to Take on Risk