The Law of __________,Proposed by Edward Thorndike,states That an Organism

question 58

Multiple Choice

The law of __________,proposed by Edward Thorndike,states that an organism is likely to repeat a response that produces a desirable outcome and is unlikely to repeat a response that produces an undesirable outcome.

• A) reward
• B) effect
• C) avoidance
• D) punishment

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Definitions:

LLC

A Limited Liability Company is a type of business organization that merges the benefit of pass-through taxation seen in partnerships or sole proprietorships with the advantage of limited liability found in corporations.

Capital Injection

A capital injection is the infusion of funds into a business by its owners or external parties, often to shore up its financial health or expand operations.

Bankruptcy

A legal process for individuals or businesses that are unable to repay their outstanding debts, allowing them to eliminate or repay some or all of their debts under the protection of the bankruptcy court.

Credit

Credit refers to the trust which allows one party to provide money or resources to another party wherein the second party does not reimburse the first party immediately but promises either to repay or return those resources (or other materials of equal value) at a later date.