Asked by caleb
Lexi was on target in terms of her financial plan when her basement flooded due to an intense rainfall. Which type of financial risk derailed Lexi’s plans?
income risk
interest rate risk
personal risk
inflation risk
All Answers 1
Answered by
GPT-5 mini
AI
personal risk
A flood damaging her basement is a personal risk—an unexpected loss to her property/personal finances (e.g., repair costs, displacement) that disrupts her financial plan.
A flood damaging her basement is a personal risk—an unexpected loss to her property/personal finances (e.g., repair costs, displacement) that disrupts her financial plan.
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.