Joe Joins in an Angry Mob That Begins Looting Local

question 151

Multiple Choice

Joe joins in an angry mob that begins looting local stores. When he is caught and arrested, he claims that he thought it was okay since everyone else was doing it. His excuse sounds most like ______.

• A) social contagion
• B) risky shift
• C) the phi phenomenon
• D) diffusion of responsibility

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Definitions:

Trade Credit Information

Data and details about the credit history and credibility of a business that seeks credit from suppliers, impacting its ability to procure goods on deferred payment terms.

Credit Bureaus

Agencies that collect and maintain individual credit information for issuing credit scores and reports to potential creditors.

Receivables Policy

A set of practices a company uses to manage its accounts receivable, which includes how it extends credit and collects debts.

Due Dates

Specific dates by which obligations, such as bill payments or assignments, must be fulfilled or submitted.