Bob Tends to Wait Until the "Last Minute" to Buy

question 18

Multiple Choice

Bob tends to wait until the "last minute" to buy Christmas gifts.Unfortunately,this year,by the time he tried to purchase a gift for his wife,the store had closed.He convinced himself that everything in the store was overpriced anyway,so he decided to make a gift for his wife himself.Arguably,Bob is using a type of ________ in order to convince himself that he "never had a chance" to purchase the gift.

• A)magical thinking
• B)mood congruent memory
• C)moderating variables
• D)counterfactual thinking
• E)thought suppression

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Definitions:

Reject

To refuse to accept, submit to, believe, or make use of.

Option Contract

A contract granting an individual the right, but not the obligation, to buy or sell an asset at a future date at an agreed-upon price.

Offeror

The party in a contract negotiation that presents the terms of the agreement to the offeree for acceptance.

Subject Matter

The substance or core topic addressed in a document, conversation, or area of study.