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When People Must Choose Between Two Alternatives,and They Recognize One

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Multiple Choice

When people must choose between two alternatives,and they recognize one alternative but not the other,they often infer that the alternative they recognize has the higher value.This decision-making heuristic is called the


Definitions:

Extends

Refers to something that increases in length, duration, or scope.

Stop-Payment Orders

A request made by an account holder to a bank to not pay out on a check or payment that has been issued on their account.

Validity

The state of being legally sound, effective, or binding; the quality of being logically true or sound.

Oral

Pertaining to words spoken, rather than written, used for communication.

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