In Their Experiment, Simons and Chabris (1999) Asked Participants to Watch

question 55

True/False

In their experiment, Simons and Chabris (1999) asked participants to watch a video that shows three young college-age adults wearing white T-shirts, passing a basketball, and three young college-age adults wearing black T-shirts, passing another basketball.They found that participants could not accurately track the passes when a person in a gorilla suit interrupted the game.

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Definitions:

General Partner

A member of a partnership who has unlimited liability for the debts of the business and plays an active role in its management.

LLLP

A Limited Liability Limited Partnership (LLLP) is a form of partnership that provides limited liability to all its partners, not just the limited partners as in a traditional limited partnership.

Certificate of Existence

An official document issued by a government authority that confirms the legal status and existence of a corporation or other entity at a certain date.

Limited Partnership

A partnership structure where some partners contribute capital and enjoy profits without managing the business, hence have limited liability.