Juan Is in the Process of Forming an Opinion About

question 131

Multiple Choice

Juan is in the process of forming an opinion about someone when a friend, who is taking a psychology class, tells him to avoid making snap judgements and to carefully consider the evidence. The net result of this advice is that Juan feels more accountable for his opinions. The advice of Juan's friend should most likely decrease:

• A) the self-serving bias.
• B) the fundamental attribution error.
• C) the primacy effect.
• D) the recency effect.

---

Definitions:

Credit Terms

Conditions under which credit is extended by a lender to a borrower, including repayment schedule, interest rate, and late penalties.

Inventory Returns Estimated

An estimate of the value or volume of goods that are expected to be returned by customers over a specific period.

Sales Refund Payable

Obligations to return funds received from customers due to returns or refunds of products or services.

Sales Returns

Transactions in which customers return previously purchased merchandise for a refund, store credit, or exchange.