What is recency effect?

What will be an ideal response?


Takes place when a major event occurs just prior to the time of the evaluation and overshadows all other incidents.

Business

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Which of the following is a true statement regarding The Gramm-Leach-Bliley Act?

a. The act gives financial institutions the right to share personal information for a profit. b. The act expressly requires financial institutions to protect against identity theft. c. The act allows financial institutions to share personal information, as long as it is not for a profit. d. The act protects confidentiality of customer information.

Business

Which of the following is interpersonal behavior that imagined experiences have been applied to—for example with a meal that was ordered wrong at a restaurant?

a. Assertiveness b. Extraversion c. Conscientiousness d. Agreeableness

Business

Universal life insurance combines the features of:

A) Ordinary life and straight life. B) Whole life and annuity life. C) Limited-payment life and whole life. D) Whole life and term life. E) Whole life and ordinary life.

Business

Maria, Jorge, and Renaldo have formed a limited liability company to make educational supply packets for Spanish-speaking elementary school students. They have discussed the lack of educational supplies in many of the schools in Mexico and would like to export these supply packets to Mexico and other Latin American nations. They have been operating in the United States for eight years but will need a $1 million short-term loan to produce goods for the Mexican and Latin American markets. Which of the following agencies would be a viable loan source?

A. Small Business Administration B. Ex-Im Bank C. World Bank D. The Inter-American Development Bank

Business