In the absence of any grounds establishing Ms. Catherine Larson as a good credit risk, you conclude she is a poor risk and turn down her application for credit. Which fallacy is most likely to undermine the validity of your decision?
A) Irrelevant data
B) Acceptance of lack of evidence as proof to the contrary
C) Comparison of noncomparable data
D) Illogical cause-effect conclusions
E) Unreliable data

Question

Quizplus · Accepted Answer

Acceptance of lack of evidence as proof to the contrary means that one is assuming something is true just because there is a lack of evidence proving otherwise. In this case, there may not be enough evidence to establish Ms. Larson as a good credit risk, but there also may not be enough evidence to establish her as a poor credit risk. By assuming she is a poor risk without sufficient evidence, the decision may be undermined by this fallacy.

In the Absence of Any Grounds Establishing Ms