Judging a theory by observing evidence rather than simply by its internal logic is called:
a. subjective reasoning.
b. inductive reasoning.
c. deductive reasoning.
d. objective reasoning.
ANSWER: B
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Age, income, education, ethnicity, and gender are types of
A) psychographic data. B) behavioral data. C) attitudinal measures. D) psychoanalytic information. E) demographic information.
County Title Company processes information furnished by others to transfer title to real estate from a seller to a buyer. In performing this task for a sale of land from James to Kate, the furnished information is mistaken. Refer to Fact Pattern 14-3. The contract between James and Kate that includes the mistake may be rescinded A) if the mistake involves a material fact
B) if the mistake involves any fact. C) if the mistake is one of value or quality. D) under no circumstances.
If the securities markets are efficient, the market's reaction to new information about a firm's value (such as an earnings announcement) should be:
a. gradual, as investors rationally deliberate the effect of the information on the stock's value. b. immediate and unbiased. c. slow or fast, depending on the amount of ‘surprise' contained in the new information. d. negligible (the information would have already been impounded into the firm's stock price).
A CRC is
a. a type of checksum b. a type of acknowledgment message c. an RS-232-C signal d. a parity bit