Homework Answers
Correct Answer: (a) Real estate loans
Cognitive process is nothing but the individual psychological process of accomplishing the certain job with complete knowledge/understandings, which results in learning and reasoning.
Hence, the real estate business involves the cognitive process where individual involve more in learning, controlling and enhancement of business.
Below is the reason why other purchases are not considered as cognitive process and are more of emotional factors.
Rolex watch: Is nothing but showing individual richness. Which involve the emotion factors like differentiation of rich and poor.
Sports car: person who wants to buy the sports car will be of having his/her passion to involve in sports events and to become good racer.
Honeymoon: Honeymoon is the process of exchanging of love and affection between the newly married couple.
All these above 3 factors involve the emotional factors and are of less cognitive process.
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