What Kind of Thinking Is Represented by the Following Statement

question 27

Multiple Choice

What kind of thinking is represented by the following statement: "I'm right because I can't think of any contrary cases."?

• A) traditional perspective
• B) selective observation
• C) anecdotal evidence
• D) illogical reasoning

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Definitions:

Cost of Funds

The interest rate that banks and other financial institutions pay for the use of funds deposited in their accounts by savers or obtained from other external sources.

ROI

Return on Investment, a financial metric used to measure the efficiency or profitability of an investment.

Net Income

The total profit of a company after all expenses, taxes, and costs have been subtracted from total revenue, indicating the company's financial health over a period.

Available Assets

Resources or possessions that an organization or individual has at their disposal and can use whenever needed.