You Are Given a Candle, a Box of Matches, a Few

question 51

Multiple Choice

You are given a candle, a box of matches, a few thumbtacks, and a very short piece of string with the instruction to mount the candle on a wall. It never occurs to you that you could empty the matchbox and tack it to the wall as a platform for the candle because of

• A) the framing effect.
• B) the sunk cost effect.
• C) functional fixedness.
• D) an algorithmic dysfunction.

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Definitions:

Mistake

An error in understanding or judgment that may affect the validity of a contract.

Frustrated Contract

A contract that, through no fault of either party, has become impossible to perform, leading to its termination and relieving both parties from their obligations.

Breach of Contract

Occurs when one party fails to fulfill their obligations under the contract’s terms, allowing for legal action by the other party.

Transporter

A transporter refers to an individual or service that moves goods or people from one location to another.