Which of the following logical fallacies involves offering evidence such as "everybody knows"?

A) An appeal to popular opinion
B) An ad hominem attack
C) A false dilemma
D) A false analogy
E) A red herring


Answer: A
Explanation: A) A logical fallacy that is an appeal to popular opinion involves offering as evidence statements such as "everybody knows."

Business

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The unauthorized use of another's mark in a domain name is generally permissible because the Internet is vast.

Answer the following statement true (T) or false (F)

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What are the implications of centralization on strategic management processes in an organization?

What will be an ideal response?

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In the context of a surety agreement, the party who agrees to perform certain acts or fulfill certain obligations is called the

A) fidelity. B) obligee. C) surety. D) principal.

Business

Your company, which is financed entirely with common equity, plans to manufacture a new product, a cell phone that can be worn like a wristwatch. Two robotic machines are available to make the phone, Machine A and Machine B. The price per phone will be $260.00 regardless of which machine is used to make it. The fixed and variable costs associated with the two machines are shown below, along with the capital (all equity) that must be invested to purchase each machine. The expected sales level is 27,000 units. Your company has tax loss carry-forwards that will cause its tax rate to be zero for the life of the project, so T = 0. How much higher or lower will the project's ROE be if you select the machine that produces the higher ROE, i.e., what is ROEB - ROEA? (Hint: Since the firm uses no

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