Answer: occurrs because of the REPRESENTATIVENESS HEURISTIC.
Explanation: Representativeness heuristic can be defined as the act of making conclusions under probability or uncertainty. Here conclusions are made based on representativeness which makes the conclusion less accurate because the fact that some is a representative doesn't make it a likely outcome.
It is an approach that employs a practical method not guaranteed to be optimal or perfect; not following or derived from any theory.
An example can be seen in the use of horoscopes.
Its very open plains land and not sorounded by any mountains
Answer:
Broker Nick could hae been sited because his broker license may have expired and the ficticious name with it.
Explanation:
All right, first of all. Licenses expire, so in this case, even when a fictitious name is allowed to be associated with a broker account well it needs to be renewed because if not. The operations won't have the proper rights to operate. It is like a driver's license. You need to renew it, otherwise, you are not allowed to perform the activities associated with it. That is the reason to check periodically if the license is still available to perform the related tasks.
