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A Contract Is an Exchange of Promises Between Two or More

question 48

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A contract is an exchange of promises between two or more parties which can be enforced by the court.


Definitions:

Unconditioned Stimulus

in behavioral psychology, a stimulus that naturally and automatically triggers a response without the need for prior learning.

Conditioned Stimulus

A previously neutral stimulus that, after becoming associated with an unconditioned stimulus, eventually triggers a conditioned response.

Conditioned Response

A learned response to a previously neutral stimulus that has been repeatedly associated with an unconditioned stimulus.

Unconditioned Response

An automatic and innate reaction to a stimulus, not learned through prior experience.

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