Heuristics Are

question 371

Multiple Choice

Heuristics are

• A) methodical step-by-step procedures for solving problems.
• B) mental groupings of similar objects, events, ideas, and people.
• C) problem-solving strategies involving the use of trial and error.
• D) simple thinking strategies for solving problems quickly and efficiently.

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Definitions:

Fourteenth Amendment

An amendment to the U.S. Constitution that grants citizenship to all persons born or naturalized in the United States and provides equal protection under the law.

Insider Trading Violation

Illegal trading of a public company's stock or other securities by individuals with access to non-public, material information about the company.

Nonpublic Information

Information that is not available to the general public, often insider or confidential information that could influence decisions if released.

Tipped Information

Insider information that has been unofficially disclosed to someone who is not authorized to have it.