Henri Gascon is so pleased with the services provided by the financial adviser, that he suggests to his brother Jacques that he should also consult the adviser. Jacques thinks it is a good idea. Jacques is a self-employed computer consultant also based in Paris. He is 40 years old and divorced with four children, aged between 12 and 16. The financial adviser notes the following aspects of Jacques’ situation:

Based on the preceding information, which statement is correct?
A. Jacques has a low ability to take risk, but a high willingness to take risk.
B. Jacques has a high ability to take risk, but a low willingness to take risk.
C. Jacques has a high ability to take risk, and a high willingness to take risk.

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Jacques' consultancy earnings average 40,000 per annum, but are quite volatile. Jacques is required to pay 10,000 per year to his ex-wife and children. Jacques has a mortgage on his apartment of 100,000 and 10,000 of savings. Jacques has a good knowledge of financial matters and expects that equity markets will deliver very high returns over the longer term. In the risk tolerance questionnaire, Jacques strongly disagrees with the statements "I am more comfortable putting my money in a bank account than in the stock market" and "When I think of the word "risk" the term "loss" comes to mind immediately." Jacques expects that most of his savings will be required to support his children at university.