Lerner, Small, and Loewenstein (2004) Conducted a Study in Which

question 108

Multiple Choice

Lerner, Small, and Loewenstein (2004) conducted a study in which ____ affected decisions about buying and selling.

• A) emotions caused by the consequences of financial decisions in the study
• B) emotions leftover from a previous event
• C) happiness and sadness
• D) guilt and shame

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Definitions:

Negligence

Failure to exercise the care that a reasonably prudent person would exercise in similar circumstances, resulting in harm.

Severity

The extent of seriousness or gravity of a situation, condition, or event.

Reasonable Person

A hypothetical individual in society who exercises average care, skill, and judgment in conduct and is often used as a standard in legal reasoning.

Negligence Per Se

A legal doctrine whereby an act is considered negligent because it violates a statute or regulation.