If a Company Is Considering the Purchase of a Parcel

question 109

Multiple Choice

If a company is considering the purchase of a parcel of land that was acquired by the seller for $85,000,is offered for sale at $150,000,is assessed for tax purposes at $95,000,is recognized by the purchaser as easily being worth $140,000,and is purchased for $137,000,the land should be recorded in the purchaser's books at:

• A)$95,000.
• B)$137,000.
• C)$138,500.
• D)$140,000.
• E)$150,000.

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Definitions:

Fixed-Ratio Reinforcement

Giving out a reward after a certain number of behaviors.

Positive Reinforcement

A process in psychology where behaviors are increased or strengthened by providing a reward or positive outcome after the desired behavior is performed.

Negative Reinforcement

A psychological principle where the removal or avoidance of an unpleasant stimulus as a consequence of a behavior increases the likelihood of that behavior being repeated.

Positive Punishment

A behavior modification technique where an undesirable behavior results in a negative outcome to decrease the likelihood of the behavior reoccurring.