Kyle Is Known to Be Someone Who Finds It Difficult

question 10

Multiple Choice

Kyle is known to be someone who finds it difficult to admit his mistakes.He typically seeks out information that supports his decisions and ignores any information that contradicts them,even if that information is more plentiful.Kyle is exhibiting

• A)anchoring bias.
• B)confirmation bias.
• C)availability bias.
• D)overconfidence bias.
• E)escalation of commitment.

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Definitions:

Conflict of Interest

A situation where an individual's personal interests could interfere with their professional duties or responsibilities.

RMBCA

The Revised Model Business Corporation Act, which provides a model framework for the governance of corporations, intended to standardize corporate law across jurisdictions.

Board of Directors

A group of individuals elected by shareholders to oversee the management and make key decisions for a corporation.

Derivative Suit

A lawsuit brought by a shareholder on behalf of a corporation against a third party, often an insider of the corporation, when the corporation fails to take action against the wrongdoer.