If Mary Chooses to Buy a Raffle Ticket That Has

question 37

Multiple Choice

If Mary chooses to buy a raffle ticket that has a 5% chance of winning over one that has a 95% chance of losing, she is:

• A) exaggerating the improbable.
• B) exhibiting hindsight bias.
• C) avoiding loss.
• D) exhibiting confirmation bias.

---

Definitions:

Lexmark v. Impressions Products

A significant legal case involving patent rights and the exhaustion doctrine, as decided by the U.S. Supreme Court.

Right to Tinker

The freedom to modify or repair one's own devices or equipment, typically referring to consumer electronics and vehicles.

Patent Infringement

Occurs when a party makes, uses, sells, offers to sell, or imports into the United States any patented invention without permission from the patent holder, within the territory and during the term of the patent.

Copyright

A right granted to an author, composer, photographer, or artist to exclusively publish and sell an artistic or literary work for the life of the author plus 70 years.