Thorndike's Law of Effect

question 68

Multiple Choice

Thorndike's law of effect

• A)stated that much knowledge is innately specified due to natural selection.
• B)was written to oppose Darwin's theory of natural selection.
• C)stated that a behavior that is followed by a reward is likely to occur again.
• D)was written to oppose the behaviorists.

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Definitions:

Treasury Stock

Shares that were once outstanding and have been reacquired by the corporation, reducing the amount of outstanding stock on the open market.

Paid-In Capital

Funds that are received by a company from investors in exchange for stock, representing the capital provided by shareholders as a part of the equity of the company.

Cash Dividends

Payments made out of a corporation's earnings to its shareholders in the form of cash.

Treasury Stock

Refers to shares that were previously issued and outstanding but have been bought back by the issuing company, reducing the amount of outstanding stock on the open market.