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Poldek is a Jew of Polish descent who always wears a yarmulke. Standing at approximately 5 feet tall, he is relatively short by American standards. Poldek has a boyfriend named Oskar. Directly after graduating summa cum laude from Princeton University at the age of 21, he applied for a position in one of the top management organizations in the United States. Despite the fact that he had all of the necessary qualifications and expertise required for the role, he was rejected in favor of a less-qualified 35-year-old straight, white, Christian-American female. The company told Poldek that he was not mature enough to be selected for such a role, despite overwhelming evidence to the contrary. Which type of bias is illustrated in the scenario?
Subsidiary
A company that is controlled by another company, typically through majority share ownership.
Fair Value
The value obtained for offloading an asset or incurred in passing on a liability in a smooth transaction among those active in the market on the evaluation date.
Bonds Payable
Long-term debt securities issued by a company, promising to pay a specified sum of money at a future date.
Straight Line Amortization
A method of gradually reducing the book value of an intangible asset over its useful life in equal installments.
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