The Tendency for Participants to Select Items Named in a Given

question 16

Multiple Choice

The tendency for participants to select items named in a given rule describes what type of bias:

• A) Selection
• B) Bracketing
• C) Hill climbing
• D) Matching
• E) Ratio

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Definitions:

Promissory Estoppel

A judicial principle that stops one from retracting a pledge given to another if the latter has justifiably depended on the promise to their disadvantage.

Disputed Amounts

Refers to the sums of money under contention between parties in transactions or contracts, often leading to negotiation or legal actions.

Satisfaction

The agreed-to settlement as contained in an accord.

Promises Under Seal

Legally binding agreements marked with a seal, signifying a formal commitment beyond a standard contract.