According to the Representative Heuristic, People Will Be More Likely

question 40

Multiple Choice

According to the representative heuristic, people will be more likely to assume that Wendy is a lawyer if:

• A)they plan to apply to law school at some point in the future.
• B)there are few other lawyers living in the same geographic region.
• C)Wendy vehemently denies being a lawyer.
• D)Wendy has many of the characteristics of a stereotypical lawyer.

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Definitions:

Financial Difficulties

Situations where individuals or organizations face challenges in managing their finances, often leading to debt or bankruptcy.

Land Contract

A financing agreement for the purchase of real property, where the seller holds the title until the purchaser completes all installment payments.

Installment Contract

A contractual agreement where the buyer makes payments over time to the seller for the purchase of property, goods, or services.

Purchase Price

The amount of money paid to buy a good, service, or asset.