Corey Was Serving on a Jury in a Criminal Case,and

question 228

Multiple Choice

Corey was serving on a jury in a criminal case,and the jury reached a unanimous "not guilty" verdict.Several months later,some additional evidence came to light that strongly suggested that the defendant was,in fact,guilty of the crime in question.Corey is still not convinced by the new evidence,and claims he wouldn't have voted guilty,even if the new information had been presented during the trial.What is Corey demonstrating in this example

• A) conjunction fallacy 
• B) mental set 
• C) belief perseverance 
• D) availability heuristic

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Definitions:

Depreciation Tax Shield

The reduction in income taxes that results from an entity's ability to deduct depreciation expense from its taxable income.

Operating Lease

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

Cyclical Nature

The inherent tendency of markets, economies, or certain stocks to move in cycles, experiencing periods of expansion and contraction.

Peak Periods

Times of maximum activity, demand, or use, typically stressing the capacity, resources, or systems involved.