In Purchasing an Existing Business, Alice Has Decided to Lease

question 67

Multiple Choice

In purchasing an existing business, Alice has decided to lease the equipment and fixtures from the original owner rather than purchasing it outright to save money initially. This is an example of ______.

• A) holdback money
• B) thinning the assets
• C) escrow settlement
• D) goodwill

---

Definitions:

Operant Learning

A type of learning where behavior is controlled by consequences, including rewards and punishments, as described by B.F. Skinner.

Cognitive Error

Faulty thinking or mistaken beliefs that can lead to incorrect conclusions or decisions.

Beck's Views

Refers to the theories and therapeutic techniques developed by psychologist Aaron T. Beck, particularly his contributions to cognitive therapy which emphasize the role of thought patterns in psychological disorders.

Depression

A mental health disorder characterized by persistently low mood and a lack of interest in activities, affecting daily functioning.