The Judgment Bias That Describes the Tendency to Recall and Use

question 123

Multiple Choice

The judgment bias that describes the tendency to recall and use information easily retrieved from memory is

• A) The representativeness heuristic.
• B) The anchoring and adjustment heuristic.
• C) The availability heuristic.
• D) The framing effect.

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Definitions:

Attached

Being joined or associated with something else, typically in the context of legal or official documents and properties.

Perfected

In legal terms, this refers to the completion of all necessary legal steps to enforce one's rights to an asset or interest.

Internationalization

The process of designing products, services, and content to facilitate their adaptation to various languages and cultures.

Security For Debt

Assets pledged by a borrower to secure repayment of a loan.