Question

Jordana is a travel agent. Whenever she sells an expensive vacation package, she encourages the customer to buy travel insurance, which provides reimbursement in case of trip cancellation due to illness or another emergency. Jordana is trying to reduce her customers' __________ risk.

Answer 1

Answer: Financial

Explanation: Financial risk is any several categories of risk correlated with the research of money and how it is used, a treaty or process of passing a message which is held between a customer and a seller to trade aid to expenditure which involve organization loans in hazard of failure to meet circumstances of the loan.

Answer 2

Answer:

Financial Risk

Explanation:

The reason is that the financial risk in this case is the loss of the money spent on a vacational packages which means that the customer will loose money upto maximum of 100% due to illness. So to manage this risk is paying small amount to the insurance company to have security over this risk.