Final answer:
The statement 'Famous basketball stars choose Nike!' is an example of a bandwagon fallacy, which suggests that one should follow a trend solely because others are doing it.
Step-by-step explanation:
The fallacy in the statement, Famous basketball stars choose Nike! is an example of a bandwagon fallacy. This type of fallacy suggests that we should do something or believe something simply because many other people do the same. In this case, the implication is that because famous basketball stars choose Nike, you should too, with the underlying suggestion being that Nike products are superior due to their popularity among celebrities.