Which of the Following Is Not True Regarding a Promissory

question 205

Multiple Choice

Which of the following is not true regarding a promissory note?

• A) Promissory notes may not be transferred to another party by endorsement.
• B) Promissory notes may be sold to another party.
• C) Promissory notes give a stronger legal claim to the holder than accounts receivable.
• D) Promissory notes may be bearer notes and not specifically identify the payee by name.

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Definitions:

Behavioral Contrast

A phenomenon in which a change in the reinforcement conditions of one behavior leads to an opposite change in the rate of another behavior.

Opponent Process

A theory suggesting that emotions are regulated by mechanisms that operate in opposing pairs.

Behavioral Contrast

The phenomenon where the rate of responding to one stimulus changes as a result of a change in reinforcement provided for responding to another stimulus.

Habituation

The process by which an organism decreases or ceases its responses to a repetitive stimulus over time, indicating a basic form of learning.