An Offeror May Revoke an Offer at Any Time, Even

question 17

True/False

An offeror may revoke an offer at any time, even if the offeree gives the offeror consideration to hold the offer open.

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Definitions:

Partial Reinforcement

A conditioning principle where a response is only occasionally rewarded, leading to stronger and more persistent behavior than if the reward was given every time.

Continuous Reinforcement

A learning process in which a behavior is reinforced each time it occurs, leading to rapid learning.

Behaviors Persist

Behaviors Persist refers to the phenomenon where actions continue or are repeated over time, often due to reinforcement or underlying psychological factors.

Intermittent Reinforcement

A conditioning schedule in which a behavior is rewarded or punished at irregular intervals, making the response more resistant to extinction.