24. Risk-Averse Preference is: (2 points) A person who is unwilling to take on a risk has a risk aversion. This kind of personality almost always chooses the safer investment instead of taking a chance on the probability of failure. A person who is willing to take. This kind of personality almost always chooses the riskier investment An individual with risk-neutral preference does not care about the risks involved in the decision making. The person making this type of decision should weigh all the factors involved in the risk and assess these risks against the probabilities of different outcomes None of the answers are correct