What does a traffic light flashing yellow mean?

A flashing yellow traffic light indicates that drivers should proceed with caution. This signal warns that there may be potential hazards ahead, and while it is not necessary to stop, it is crucial to be vigilant and ready to respond to any unexpected situations or obstacles. Drivers should reduce their speed and be prepared for other vehicles or pedestrians that may be near the intersection or road.

In contrast, a solid yellow light typically signifies that a driver should prepare to stop because the light is about to turn red. The option regarding stopping immediately is not correct for a flashing yellow, as this does not require an immediate halt, just careful navigation. Yielding to pedestrians is also a separate consideration governed by other traffic signals and signs, which don't specifically apply to the flashing yellow light situation. Therefore, recognizing the correct approach to a flashing yellow light is essential for safe driving practices.