COGNITIVE ASSESSMENT an Acquaintance of Yours Was Just Arrested on a Charge

question 37

Multiple Choice

COGNITIVE ASSESSMENT An acquaintance of yours was just arrested on a charge of phishing. Why would someone be arrested for phishing?

• A) It allows anyone with a computer and a communications device to connect to the Internet over either a wired or a wireless connection without paying for that connection
• B) It enables scam artists to steal personal information
• C) It blocks equal access to the Internet for all users
• D) It entices novice computer users to use unreliable information on the Internet

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Definitions:

Common-value Auction

An auction type where the item for sale is of the same value to all bidders, but that value is uncertain.

Aggressive Bidding

a strategy in auctions or competitive procurement where participants bid very high or low to secure a contract or item, often taking substantial risks.

Auctioneer

A person or entity responsible for conducting auctions, overseeing the bidding process, and finalizing the sale of items.

Winner's Curse

A phenomenon in auctions where the winner tends to overpay due to incomplete information or overly optimistic value assessments.