Why Do People Often Experience Postdecision Dissonance

question 44

Multiple Choice

Why do people often experience postdecision dissonance?

• A) They are motivated to believe in a just world.
• B) Almost every alternative has both an upside and a downside, and people feel uncomfortable.
• C) People fear that indecision will be evaluated negatively by others.
• D) It's easier to value an option we've chosen than to disparage an option we've rejected.

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Definitions:

Operating Lease

Operating lease is a contract that allows for the use of an asset but does not convey rights of ownership of the asset.

Capital Lease

A leasing arrangement in which the lessee records the leased asset as if it was a purchase, reflecting it on their balance sheet as an asset and a corresponding liability.

Lease Inception

The point in time at which a lease agreement is initiated or executed between the lessor and the lessee.

Capital Lease

A lease classified as a purchase by the lessee, allowing for the asset and liability to be recorded on the balance sheet.