What Is the Name Given to the Tendency to Think

question 12

Multiple Choice

What is the name given to the tendency to think we are better than we actually are?

• A)Overprecision
• B)Overestimation
• C)Overplacement
• D)Overjustification

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Definitions:

Intangible Assets

Non-physical assets such as patents, copyrights, trademarks, and goodwill.

Trademark

A recognizable sign, design, or expression which identifies products or services of a particular source from those of others, legally registered to claim exclusive rights.

Intangible Assets

Non-physical assets that possess value, such as trademarks, patents, goodwill, and copyrights.

Goodwill

The intangible asset that arises when a business is acquired for more than the fair value of its net identifiable assets.