Typical Effects of This Fallacy Is That It Can Make

question 54

Multiple Choice

Typical effects of this fallacy is that it can make others defensive and can alienate self from feelings.

• A) perfection
• B) overgeneralization
• C) helplessness
• D) taking responsibility for others
• E) obsession with shoulds

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Definitions:

Probate

The legal process through which a deceased person's will is validated, and their assets are distributed under the supervision of a court.

Resided

Generally means to live in a particular place, but in a financing context, it is NO.

Trustor

An individual or entity that creates a trust by transferring assets to a trustee, who manages the assets for the benefit of a third party, the beneficiary.

Fiduciary

A person or organization that acts on behalf of another individual or individuals, managing assets for their benefit with a duty to act in their best interest.