Question

Ben and his wife jenny have a disagreement over what kinds of investments they should make for long term financial security. ben wants to invest more heavily in risky ventures while jenny prefers more secure options such as cds or savings bonds. ben and jenny have a _____.

Answer 1

Answer:

conflict of interest.

Explanation:

A conflict of interest happens when one individual or a group of individuals have competing interests or ideas regarding a specific issue.  

A conflict of interest can occur when an individual has competing loyalties towards a situation, e.g. an employee that must decide whether to start his own entrepreneurship or become a manager in a larger company.

Conflicts of interests happen when different individuals in one group have conflicting ideas about what is the best decision to make in order to solve a problem or decide what project to undertake.

In this case, Ben and his wife have conflicting ideas about what investment strategy is best for them. Ben likes to take risks while his wife is a much more conservative investor.

Answer 2

Because Ben wants to invest more heavily in risky ventures, while Jenny prefers more secure options such as CDS or savings bonds means that they have different ideas and thoughts about what kind of investments they should make for long term financial security. They have a conflict of interest. Ben's best interest is not in the best interest of Jenny.