Which of the Following Is Not an Example of a Backup

question 95

Multiple Choice

Which of the following is not an example of a backup line of credit?

• A) loan commitments
• B) overdraft privileges
• C) standby letters of credit
• D) mortgages

---

Definitions:

Cognitive Dissonance

A psychological discomfort experienced when holding contradictory beliefs, attitudes, or when actions conflict with one's beliefs.

Festinger and Carlsmith

Psychologists known for their 1959 cognitive dissonance experiment which demonstrated how attitudes can change to align with behavior.

Cognitive Dissonance

A psychological concept indicating the state of having inconsistent thoughts, beliefs, or attitudes, especially as relating to behavioral decisions and attitude change.

Fundamental Attribution Error

The tendency to overestimate personality-based explanations for others' behavior while underestimating situational explanations.