In July of 2016,Pat Acquired a New Automobile for $28,000

question 23

Multiple Choice

In July of 2016,Pat acquired a new automobile for $28,000 and used the automobile 80% for business.Pat can take a maximum depreciation deduction in 2016 of

• A)$8,928.
• B)$2,528.
• C)$22,400.
• D)$13,440.

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Definitions:

Fundamental Attribution Error

The tendency for observers to underestimate situational influences and overestimate dispositional traits when explaining others' behaviors.

Actor-Observer Bias

A tendency to attribute one's own actions to external causes while attributing others' actions to their internal characteristics.

Illusory Correlation

The perception of a relationship between two variables when no such relationship actually exists.

Fundamental Attribution Error

The tendency to overemphasize personal characteristics and ignore situational factors in judging others' behavior.