Asch's Study on the Primacy Effect on Impression Formation Indicates

question 11

Multiple Choice

Asch's study on the primacy effect on impression formation indicates that:

• A) positive information is more influential than negative information in determining overall impressions of another person
• B) negative information is more influential than positive information in determining overall impressions of another person
• C) first impressions are usually more accurate than impressions based on later information
• D) information received first is more influential than later information in determining overall impressions of another person

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Definitions:

Contract Interest Rate

The rate of interest stated in a loan or credit agreement that must be paid on the principal by the borrower.

Bond Discount

The variance in price between the face value of a bond and the amount it fetches on the market, specifically when sold at a price less than the face value.

Straight-Line Method

A method of calculating depreciation by evenly spreading the cost of an asset over its useful life.

Semiannual Interest

Refers to the payment of interest on a loan or financial instrument every six months.