If Sean Sells Tom a Tennis Racket for $50, We

question 143

Multiple Choice

If Sean sells Tom a tennis racket for $50, we would expect

• A) both parties to gain from this transaction.
• B) Sean to gain from the transaction, while Tom loses.
• C) Tom to gain from the transaction, while Sean loses.
• D) the well-being of both parties to be unchanged.

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Definitions:

Availability Heuristic

A mental shortcut that relies on immediate examples that come to a person's mind when evaluating a specific topic, concept, method, or decision.

Recent Information

Newly acquired or up-to-date data or facts.

Ethics Check

The process or criteria used to ensure decisions and actions within an organization comply with moral and professional standards.

Ethical Shortcomings

Failures or deficiencies in maintaining moral standards or practices, leading to unethical behavior.