Exercise 71 [General] The following statements contain mistakes in reasoning (fallacies). Which fallacies are illustrated here? (Some statements may illustrate more than one fallacy.)

1. Ever since she changed accountants, the profits in her business have increased. Clearly the new accountant knows how to cook the books.

2. Give them an inch and theyll take a mile.

3. Either we redesign all our accounting information systems or we might as well close down the business.

4. Dont listen to him. Hes just a nerdy, detail-obsessed accountant.

5. Three out of four accountants agree: The Daily Balance Sheet is the best source of financial news.

6. We dont need more public transportation in our city. Everyone in my office agrees theyd rather drive their own cars.

7. Weve used Biddy and Bully as our firms legal firm for four generations. Even though their work has become unsatisfactory, I wouldnt want to change firms.

8. We shouldnt hire Jim Blankenship. Hes from Hick City, and every-body knows people from there are just a bunch of ignorant buffoons.