The Tendency to Give Too Much Emphasis to Personal Factors

question 4

Multiple Choice

The tendency to give too much emphasis to personal factors when accounting for other people's actions is called _______.

• A)the primacy effect
• B)defensive attribution
• C)fundamental attribution error
• D)the just world hypothesis

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Definitions:

Call Option

A financial contract that gives the buyer the right, but not the obligation, to buy a specified quantity of an asset at a set price within a specified time.

Strike Price

The rate at which an option's owner has the right to purchase (for a call option) or offload (for a put option) the underlying asset or commodity.

Market Price

The current price at which an asset or service can be bought or sold.

Put Option

A financial derivative that gives the holder the right, but not the obligation, to sell a specified quantity of an underlying asset at a set price within a specified time.