Which of the Following Is Particularly Relevant and Therefore Will

question 19

Multiple Choice

Which of the following is particularly relevant and therefore will most strongly support a plaintiff whose funds have been misappropriated by an investment advisor?

• A) the doctrine of apparent authority
• B) the doctrine of implied authority
• C) the doctrine of actual authority
• D) the doctrine of enduring authority

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Definitions:

Attitude Polarization

The phenomenon whereby a person's stance on a specific issue becomes more extreme after being exposed to opposing arguments.

Effort Justification

A cognitive dissonance theory concept where individuals rationalize the effort they put into achieving a goal, often valuing the outcome more if more effort was required.

Self-fulfilling Prophecy

A prediction that directly or indirectly causes itself to become true due to positive feedback between belief and behavior.

False Consensus Effect

The cognitive bias to overestimate the extent to which others share our beliefs, attitudes, and behaviors.