Circular reasoning is a logical fallacy that involves
A) reducing a wide range of choices to a simple "either/or" scenario.
B) using irrelevant evidence to support your argument.
C) trying to support a claim by restating it in different words.
D) attacking an opponent's character, rather than countering his or her argument.
E) comparing two objects or situations that don't share enough similarities.
Answer: C
Explanation: C) Circular reasoning is a logical fallacy in which you try to support your claim by restating it in different words.
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What definition correctly defines effective use of the round robin technique?
a. making sure the most talented people have the greatest amount of time to talk b. allowing all members to listen and not interrupt while other team members are speaking c. listening to all ideas offered and carefully remove the least valuable one after each round d. making a list of all the ideas offered and leave the final solution to a group vote
A holder in due course takes the instrument free of all:
A. defenses and claims to the instrument. B. defenses and claims to the instrument except those which concern its negotiability. C. defenses and claims to the instrument including defenses of duress or infancy. D. defenses and claims to the instrument except those which concern its validity.
Stock dividends and stock splits should, at least conceptually, have the same effect on shareholders' wealth.
Answer the following statement true (T) or false (F)
An investor is considering buying one of two 10-year, $1,000 face value, noncallable bonds: Bond A has a 7% annual coupon, while Bond B has a 9% annual coupon. Both bonds have a yield to maturity of 8%, and the YTM is expected to remain constant for the next 10 years. Which of the following statements is CORRECT?
A. Bond B has a higher price than Bond A today, but one year from now the bonds will have the same price. B. One year from now, Bond A's price will be higher than it is today. C. Bond A's current yield is greater than 8%. D. Bond A has a higher price than Bond B today, but one year from now the bonds will have the same price. E. Both bonds have the same price today, and the price of each bond is expected to remain constant until the bonds mature.