Patrick Likes to "Party" on the Weekends and Was Recently

question 47

Multiple Choice

Patrick likes to "party" on the weekends and was recently charged with driving while intoxicated. He explains his predicament by saying "Everyone does it! I just got caught!" This is an example of​  

• A)denial. 
• B)rationalization. 
• C)displacement. 
• D)projection.

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Definitions:

Annual Dividend

The yearly sum of dividends paid per share by a company to its shareholders.

Required Return

The minimum expected return an investor seeks for holding a particularly risky investment.

Stock Purchase

The act of buying shares of a company through a stock market or directly, granting the purchaser a portion of ownership in the company.

Dividend Policy

The company's policy outlining the timing and size of dividend payments to shareholders.