The Association-Causation Fallacy Is the Error of Assuming That What

question 28

True/False

The association-causation fallacy is the error of assuming that what is true for one member of a group must be true for the group.

---

Definitions:

Third Party

In contract law, a person who may, in some way, be affected by a contract but who is not one of the contracting parties. Also called outside party.

Due Diligence

Due diligence is the investigation or exercise of care that a reasonable business or person is normally expected to take before entering into an agreement or transaction with another party.

Registration Statement

A statement required by the Securities and Exchange Commission to indicate details about a business selling securities.

Cost of Repair Rule

A legal principle that allows a party suffering from property damage to recover the expenses necessary to restore the property to its pre-damage condition.