What type of fallacy is "Never loan a tool to a friend. I did once and never got it back."

http://www.unc.edu/depts/wcweb/handouts/fallacies.html#3

See what you think -- then let us know.

I think it may be Hasty generalization, but I'm not sure.

I believe you're right.

The type of fallacy in the statement "Never loan a tool to a friend. I did once and never got it back" is called a hasty generalization.

To understand why this is a hasty generalization fallacy, we need to first define what a fallacy is. A fallacy is a type of reasoning that may appear to be logical, but contains a flaw or error in its structure which undermines its validity. In this case, the flaw lies in drawing a conclusion about all situations based on a single isolated incident.

In the given statement, the person claims that they should never loan a tool to a friend because they loaned one tool in the past and didn't get it back. This is a hasty generalization because it jumps to a broad conclusion (never loaning tools to friends) based on one specific example. It fails to consider other variables or circumstances that could have contributed to the incident.

To avoid this fallacy, it would be more logical to assess each situation individually and consider factors such as the trustworthiness of the friend, the importance of the tool, and any past experiences. Making conclusions based on a single incident can lead to inaccurate generalizations and unfair judgments in the long run.