Carlos Believes That All of the People from Another Part

question 120

Multiple Choice

Carlos believes that all of the people from another part of his town are snobs.He believes that the students from this area are rich and drive expensive sports cars to school.He is scheduled to perform with a few of these students in an all-county musical presentation.If he assumes that these particular students will also be rich and snobby, he is using

• A)inductive reasoning.
• B)deductive reasoning.
• C)abductive reasoning.
• D)retroductive reasoning.

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Definitions:

Financing Statement

A form filed to give public notice of a secured party's interest in the debtor's collateral, facilitating the priority of claims in case of default.

Secured Interests

Interests in personal property or fixtures that secure payment or performance of an obligation, often seen in lending and financing agreements.

Take Possession

Take possession refers to the act of assuming physical control or ownership of a piece of property or asset.

Collateral

Assets promised as security for the repayment of a loan, which can be seized by the lender if the borrower fails to repay according to the terms of the loan agreement.