Someone Who Commits the Fallacy of Composition Is Likely to Assume

question 27

Multiple Choice

Someone who commits the fallacy of composition is likely to assume that

• A)the simplest model is the best predictor
• B)event B, which follows event A, was caused by event A
• C)event B, which follows event A, was not necessarily caused by event A
• D)what is true for the individual is also true for the group
• E)what is true for the individual is not necessarily true for the group

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Definitions:

Monetary Unit

A standard unit of value in which economic transactions are recorded and the primary currency used within an economy.

Legal Taxable Entity

An organization or individual that is recognized by law as a separate legal entity for tax purposes.

Shares Of Stock

Representations of ownership in a corporation, each of which entitles the shareholder to a fraction of the company's assets and profits, depending on the amount of shares owned.

Corporation

A legal entity separate from its shareholders, with its own rights, privileges, and liabilities.