What type of risk would a warranty issue with a product fall under?

A warranty issue with a product primarily relates to financial risk. Financial risk occurs when a consumer is concerned about the potential loss of money associated with their purchase decision. When a product has a warranty, it can alleviate concerns about financial risk because it provides reassurance that if the product fails or has defects, the consumer can repair or replace it without incurring additional costs.

Thus, if a warranty issue arises, it directly impacts the consumer's concern over their financial investment in the product. This underlines the importance of warranties in reducing perceived financial risk by offering consumers a safety net, leading to increased confidence in their product choices.