The correct answer is B because the ability to bear risk is primarily determined by objective factors such as time horizon, expected income, and wealth relative to liabilities.

• Option A and Option C are incorrect as they refer to the willingness to take risk, which is a more subjective factor influenced by the client's psychological profile and current circumstances.

This distinction highlights the difference between an investor's willingness (subjective) and ability (objective) to take risk when evaluating financial risk tolerance.