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Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
-A finance company uses the discount method of calculating interest.The loan principal is $5,000,the interest rate is 10%,and repayment is expected in two years.You will receive [$5,000 | $4,000] from the lender.
Appeal to Authority
A logical fallacy where the argument relies on the opinion or position of an authority figure instead of concrete evidence.
Expert Credibility
The level of trustworthiness, expertise, and authority attributed to a person based on their knowledge or experience in a particular field.
Opponent
An individual or group who holds a position counter to one's own in a debate, argument, or competition.
Appeal to Authority
A logical fallacy that occurs when someone argues that a claim is true simply because an expert or authority asserts it to be true, without further evidence.
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