Attributing One's Successes to Dispositional Factors and One's Failures to Situational

question 178

Multiple Choice

Attributing one's successes to dispositional factors and one's failures to situational factors is referred to as

• A) the fundamental attribution error.
• B) a self-serving bias.
• C) the actor-observer bias.
• D) a self-enhancing strategy.

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Definitions:

Real Asset

Physical or tangible assets, such as real estate, commodities, or natural resources, which have intrinsic value.

Consumer Durables

Long-term goods purchased by consumers that are expected to last for several years, such as appliances, cars, and furniture.

Real Estate

Property consisting of land and the buildings on it, along with its natural resources such as crops, minerals, or water.

Mutual Fund Shares

Portions of ownership in a mutual fund that an investor can buy, representing a share in the fund's profits, losses, income, and expenses.