Why Did the Clown Park His Car in a Red

question 135

Multiple Choice

Why did the clown park his car in a red zone, where he might get a ticket? If you assume it is because his car happened to break down right then and there, in the red zone, then you have made a(n) ____.

• A)internal attribution
• B)external attribution
• C)common sense assumption
• D)correspondence bias assumption

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Definitions:

Commercial Paper

A short-term financial obligation without collateral, provided by companies typically to fund accounts receivable, stock, and to settle short-term debts.

Trade Credit

An arrangement where a supplier allows a customer to purchase goods or services and pay for them at a later date.

Factoring

Factoring is a financial transaction where a business sells its accounts receivable to a third party at a discount in exchange for immediate cash.

Capital Investment Analysis

The process of evaluating the potential returns of an investment in fixed assets or long-term projects versus its costs.