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Fallacies and Examples in a Business Environment

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Explain at least three fallacies and provide instances where you have witnessed these fallacies at work.

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Solution Summary

This solution looks at definitions of fallacy, like: informal, formal, presumptions, weak inference, distraction, and ambiguity. Each is followed by definition and examples.

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To help in understanding fallacies, here are some definitions:
• An informal fallacy is an error in reasoning.
• A formal fallacy is one with poor logical reasoning.
• Fallacies of presumption are ones that assume conclusive proof.
• Fallacies of weak inference are those that have weak ...

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