What does Argumentum ad crumenam suggest about money and correctness?

Study for the AICE Critical Thinking Skills Exam. Prepare with flashcards and multiple choice questions including hints and explanations. Boost your thinking skills for a successful exam!

The argumentum ad crumenam fallacy suggests that a person's wealth or financial status is used as a measure of the validity of their argument or viewpoint. Hence, the idea that having money equates to being more correct reflects this fallacy. It implies that wealth confers authority or credibility, leading to the assumption that wealthy individuals are more likely to be correct in their assertions or beliefs. This reasoning is flawed, as correctness should be based on logical reasoning and evidence rather than on a person's financial status.

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