A(n) Is a Substituted Contract That Involves an Agreement Among

question 53

Multiple Choice

A(n) is a substituted contract that involves an agreement among three parties to substitute a new promisee in
Place of an existing promisee, or to replace an existing promisor with a new one.

• A)accord
• B)satisfaction
• C)novation
• D)mutual rescission

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Definitions:

Negative Reinforcement

A process in behavioral psychology where the removal of an undesirable outcome strengthens the behavior leading to its removal.

Expectations

Beliefs or forecasts about future events, which can significantly influence current behavior and decision-making processes.

Desirable Behaviour

Actions or conduct that are considered advantageous, beneficial, or appropriate according to societal, organizational, or personal standards.

Law of Contingent Reinforcement

This law states that the effectiveness of a reward or punishment in influencing future behavior is contingent upon the behavior being directly linked to the reward or punishment.