Which of the Following Is an Example of Conservatism

question 20

Multiple Choice

Which of the following is an example of conservatism?

• A)The reluctance to change personal probabilities in the face of new data.
• B)The reluctance of the scientific community to accept new paradigms or to examine compelling evidence for phenomena such as ESP.
• C)Observations not confirming the current belief system tend to be ignored or dismissed more readily.
• D)All of the above.

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Definitions:

Limited Liability

A legal structure that protects a company's owners or investors from being personally liable for the company's debts or liabilities beyond their investment in the company.

Partners

Individuals who share ownership of a business entity and are mutually obligated to the entity's liabilities and operational decisions.

Rights Of Partners

Rights of partners pertain to the entitlements and privileges granted to members of a business partnership, such as sharing profits, management participation, and access to information.

Personal Expenses

Costs for personal needs or consumption, not associated with business operations or expenses deductible for tax purposes.