If We See Bobby Hit Jimmy and Conclude That All

question 48

Multiple Choice

If we see Bobby hit Jimmy and conclude that all Asian children like Bobby must be aggressive, we have committed

• A) an accurate perception.
• B) an inaccurate perception.
• C) the fundamental attribution error.
• D) the ultimate attribution error.

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Definitions:

Reverse Stock Split

A reverse stock split is a consolidation of shares that decreases the total number of outstanding shares and increases the share price proportionately.

Market Value

The existing price for buying or selling an asset or service in the marketplace.

Retained Earnings

The portion of a company's profits that are kept and not paid out as dividends to shareholders, often reinvested into the business.

Special Dividend

A one-time distribution of earnings to shareholders, outside of the regular dividend schedule.