During His First Year of Working at a Law Firm

question 146

Multiple Choice

During his first year of working at a law firm, Danny earned the respect of his supervisors by consistently producing very high quality work. Though the quality of Danny's work declined in his second year of employment, his supervisors continued to view his work very positively. This is an example of the ________ affect.

• A) halo
• B) primacy
• C) similar-to-me
• D) contrast

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Definitions:

Amortization

The process of gradually reducing a debt through regular payments of both principal and interest.

Risk Optimization

The process of identifying, assessing, and prioritizing risks followed by coordinating and applying resources to minimize, monitor, and control the probability or impact of unfortunate events.

Emerging Companies

are businesses in the early stages of development, usually characterized by innovative products or services and high growth potential.

Equity Capital

The funds raised by a company in exchange for shares of ownership, providing investors with a stake in the company.