You Are a Sales Person in a Bank and Are

Multiple Choice

You are a sales person in a bank and are about to sell a structured note to a non-professional customer. Before finalizing the transaction you remember to double-check the customer's charter. You learn that the customer is not allowed to invest in structured products. The risk you have avoided is most likely to be classified as:

A) credit risk
B) liquidity risk
C) legal risk
D) refinancing risk