Evaluate the Following Argument in Accordance with the Criteria Discussed

question 104

Essay

Evaluate the following argument in accordance with the criteria discussed in the text.
A terrible squeaking noise from my tape recorder got so bad I couldn't stand to listen to my tapes anymore. I was sure the machine had developed a problem-and just a month after the warranty expired, too. So I cleaned the heads, the capstan, and all the moving parts, hoping I could make the noise go away. It remained. Then, just as I had decided I was going to have to take it in for repairs, I played some tapes belonging to a friend of mine, and the squeak wasn't there. So the problem is with my tapes, not my machine. I'm not sure I like that any better, since I've got dozens of them.

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Definitions:

Par Value

A nominal value assigned to a security by the issuer, often used to determine the minimum price of shares issued by a corporation.

Fair Value

The trading price of an asset or the funding needed to transfer a liability in a well-coordinated market move at the assessment point.

Voting Shares

Shares that give the shareholder the right to vote on important issues such as electing directors and approving mergers.