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Identify Any Fallacies in the Following Passage

question 54

Essay

Identify any fallacies in the following passage.
"The Sims just have to do well in their new business. They've put everything they had into it, and they absolutely must succeed or they'll be ruined. I'm thinking they'll do great work, and I'm certainly going to throw my business their way."


Definitions:

Profit/(Loss)

The financial result of a business's operations for a specific period, calculated as income minus expenses. If positive, it's a profit; if negative, a loss.

Equity Accounted Balance

A valuation method for the recognition of investments in associates, where the investment is initially recorded at cost and adjusted for the investor’s share of the net profit or loss of the investee.

Profit/(Loss)

The financial result of a company's operations and activities over a specific period, indicating net earnings or losses.

Associate Losses

Losses incurred from an investment in an associate, an entity over which the investor has significant influence but not control.

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