When we take mental shortcuts derived from social norms and stereotypes, we are exhibiting which of the following?
A. unconscious bias
B. ethnocentrism
C. egocentrism
D. allness
A. unconscious bias
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The probability that Pete will catch fish when he goes fishing is .88. Pete is going to fish 3 days next week. Define the random variable x to be the number of days Pete catches fish. The probability that Pete will catch fish on one day or less is
A. 0.880. B. 0.038. C. 0.040. D. 0.960.
As a general rule, a company's debentures have higher required interest rates than its mortgage bonds because mortgage bonds are backed by specific assets while debentures are unsecured.
Answer the following statement true (T) or false (F)
Vironi Mave, a designer clothing company, wants to hire fashion designers to start a new clothing line for men. To obtain funds for the project, Vironi Mave issues several formal IOUs to sell them to its investors, with a maturation period of ten years. Which of the following sources of long-term funds is being used by Vironi Mave in the given scenario?
A. Commercial paper B. Term loans C. Direct investments from owners D. Corporate bonds
A suretyship is terminated if the debtor and creditor change the terms of the agreement without the consent of the surety
Indicate whether the statement is true or false