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One Study Found That If Participants Were Told a New

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One study found that if participants were told a new fact about robins, they would also believe that the new fact was true of ducks. However, if told a new fact about ducks, participants would not extrapolate this information to robins. This suggests that


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Security

A financial instrument that represents an ownership position in a publicly-traded corporation (stock), a creditor relationship with a governmental body or a corporation (bond), or rights to ownership as represented by an option.

Business License

Official permission from a governmental authority allowing individuals or companies to conduct business within a certain jurisdiction.

Distributorship

An arrangement within a supply chain where a firm is authorized to distribute a manufacturer's products in a particular territory.

Franchise

A license that allows the franchisee access to a business's proprietary knowledge, processes, and trademarks, enabling the franchisee to sell a product or service under the business's name.

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