A(n) ______ Contract Is an Agreement Which Provides for the Delivery

question 30

Multiple Choice

A(n) ______ contract is an agreement which provides for the delivery of a given amount of something at a given time in the future, at a given price.

• A)seasonal
• B)futures
• C)options
• D)None of the above

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Definitions:

Conditioned Stimulus

An initially neutral signal that, once it is linked with a natural stimulus, eventually elicits a learned response.

Pavlov

Ivan Pavlov, a Russian physiologist known primarily for his work in classical conditioning, particularly experiments with dogs leading to the concept of the conditioned reflex.

Neutral Stimulus (NS)

In classical conditioning, a stimulus that elicits no response before conditioning.

Conditioned Stimulus (CS)

In classical conditioning, a previously neutral stimulus that, after association with an unconditioned stimulus (US), comes to trigger a conditioned response.