Identify Any Fallacies in the Following Passage Either by Naming

question 24

Short Answer

Identify any fallacies in the following passage either by naming them or, where they seem not to conform to any of the patterns described in the text, by giving a brief explanation of why the fallacious reasoning is irrelevant to the point at issue.
Preferential treatment in hiring is something we must support; after all, can you think of a reason why we shouldn't?

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Definitions:

IPO

Initial Public Offering; the process through which a private company becomes publicly traded by offering its shares for sale to the general public for the first time.

Standby Underwriter

A financial entity that agrees to purchase any unsold shares after a public offering to ensure the issuing company raises the capital needed.

Underpriced IPOs

Initial Public Offerings priced below their market value, often leading to significant investor interest and potential profit.

Oversubscribed IPOs

Initial Public Offerings for which the demand for shares exceeds the number of shares available.