People Often Find It Easier to Identify and Interpret Information

question 48

Multiple Choice

People often find it easier to identify and interpret information that supports their current beliefs. This concept is known as:

• A) truth effect
• B) confirmation bias
• C) halo effect
• D) Miller's rule
• E) brand resonance effect

---

Definitions:

Order for Relief

A court order in bankruptcy proceedings that gives the petitioner protection from creditors and approves the commencement of bankruptcy processes.

Chapter 13

A type of bankruptcy that allows individuals earning a regular income to create a plan to repay all or part of their debts.

Payment Period

The duration of time during which a debtor is obligated to make a payment to a creditor.

Bankruptcy Code

The body of federal law that governs the process of bankruptcy in the United States, allowing individuals or entities in financial distress to discharge or reorganize their debts.