Bob Is Doing Very Poorly in His History Course, but Keeps

question 34

Short Answer

Bob is doing very poorly in his history course, but keeps telling himself that he'll just "do better on the next exam." When the scores continue to drop, he convinces himself that he will "ace the final exam," and that there is no way his professor would ever give him an F in the class. Bob using the defense mechanism of ________ to avoid the reality of his poor class performance?

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Definitions:

Common Stock

Equity securities that represent ownership in a company, entitling the shareholder to voting rights and a share of the company's profits in the form of dividends.

Retained Earnings

The portion of net earnings not paid out as dividends but retained by the company to be reinvested in its business or to pay debt.

Market/Book Ratio

A financial metric comparing a company's market value to its book value, indicating how much investors are willing to pay above the net asset value.

Stock Price

The current price at which a particular stock is trading on the stock market.