People in the United States Are More Likely to Die

question 7

Multiple Choice

People in the United States are more likely to die in car crashes than in airplane crashes.People,however,often assume that flying is more dangerous than driving.This is an example of:

• A)confirmation bias.
• B)the fundamental attribution error.
• C)the availability heuristic.
• D)a causal attribution.

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Definitions:

Forbearance

An agreement between a debtor and lender to temporarily postpone repayment of a loan, often to avoid default.

Illusory Promise

signifies a statement that appears to be a promise but does not actually bind the party making it to a particular action or outcome, thus lacking the substance necessary for a valid contract.

Real Obligation

A legal obligation that is tied to a specific property, requiring the fulfillment of some duty relative to that property.

Unilateral Contract

A contract in which one party makes a promise in exchange for the other party's act, rather than a promise in return.