Answer the following questions utilizing the chapter material as a basis. For each of the items listed below, provide a meaningful paragraph of which type of perceived risk would influence your decision to buy or use this product.

You are purchasing $100$ shares of Coca Cola stock for your financial portfolio. Describe the performance, financial, and time risk involved with this purchase.

You are on vacation in Hawaii and you buy a Hawaiian shirt to attend a luau party. Describe the social, psychological, and time risks involved with this purchase.

You are buying a perishable food product from a street vendor at a local fair on a day when it is $100$ degrees. Describe the safety and time risk with this purchase.

You have a made a decision to buy a two year phone contract with AT&T$.$ Describe the financial and time risks associated with this purchase.

Describe a paid or unpaid work position that you would consider accepting because you wanted to be either financially secure$,$ wanted time to be with your family, wanted to work with friends, or wanted to expand your self$-$actualization needs.