Answer:
The anwer is the availability heuristic.
Explanation:
The availability heuristic is a thinking bias that occurs when a person reccurs to immediately aviable, usually recent information to back up his thoughts or beliefs.
In the example, Mariah is assuming that her two best friends' situation can be applied for a larger population, <u>simply because that's the available information for her</u>.
Answer:
Real and nominal inflation
Explanation:
When comparing the costs of inflation to society, it is important to distinguish between real and nominal inflation.
In economics nominal value is measured in terms of money, whereas real value is measured against goods or services. In contrast with a real value, a nominal value has not been adjusted for inflation, and so changes in nominal value reflect at least in part the effect of inflation.
Answer:
A change in the meaning of an unambiguous provision in the contract
Explanation:
The main aim of the pleading the parol evidence rule is to ensure that a party is prevented from any introduction of evidence of oral agreements made before the contract was agreed or in the process of reducing the agreement to its final form for the purpose of altering the existing terms in the current contract. Hence Weaver pleading the parol evidence rule ensures that Ward does not introduce parol evidence as long as it relates to a change in any of the provisions in the contract.
