Which logical fallacy is used in the text?
Never lend money to your friends. Before long, they'll start treating you like an ATM.
A: slippery slope fallacy: the false assumption that a small first step will lead to extreme consequences
B: guilt by association: a negative association intended to discredit someone or something
C: circular reasoning: an argument that supports a claim with the claim itself
The text argues that lending money to your friends will lead to constant demands for money. However, this argument offers only an extreme outcome and ignores other possible outcomes. For instance, you may lend money to a friend in a special circumstance without it changing your other friends' behavior. This illustrates a type of logical fallacy known as the slippery slope fallacy.