A Phenomenon in Which an Initial Understanding That a Person

question 82

Multiple Choice

A phenomenon in which an initial understanding that a person has positive traits is used to infer other uniformly positive characteristics is called the _____________.

• A)assumed-similarity bias
• B)halo effect
• C)self-serving bias
• D)fundamental attribution error

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Definitions:

Capital Deficiency

A financial situation where a company's liabilities exceed its assets, indicating potential insolvency.

Income Ratios

Financial metrics comparing various components of a company's income statement to assess performance and profitability.

Noncash Assets

Assets that are not in the form of cash and can include items such as property, equipment, and intellectual property.