Kyle Could Feel Himself Coming Down with a Nasty Cold

question 125

Multiple Choice

Kyle could feel himself coming down with a nasty cold. His roommate, Dave, had been bragging about a new cold remedy he had discovered, guaranteeing that the remedy cured the common cold. Kyle went to Dave's room and asked him some questions about this new cure. Kyle was demonstrating critical thinking skills by asking

• A)what advertising the manufacturers had done to support their claim of a cure
• B)to try a sample of the remedy
• C)whether there was another plausible explanation for the remedy curing the common cold
• D)how much of the remedy needs to be taken and how often it needs to be taken

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Definitions:

Salary Allowances

Compensation over and above regular salary payments that might be paid for special duties, skills, or for certain expenses.

Market Value

The current market valuation at which services or assets are purchasable or sellable.

Book Value

The net value of a company's assets minus its liabilities, often used to assess if a company's stock is under- or overvalued.

Note Payable

An obligation in writing that promises to pay a specified sum of money at a determined future date or on demand.