The Process of Liquidating a Business Outside of the Jurisdiction

question 24

Multiple Choice

The process of liquidating a business outside of the jurisdiction of the bankruptcy courts is called a(n) ____.

• A) assignment
• B) composition
• C) extension
• D) voluntary insolvency

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Definitions:

Spontaneous Recovery

Following a period without exposure to the conditioned stimulus, a conditioned response that had previously disappeared resurfaces.

Shaping

A process in behavioral psychology that involves reinforcing behaviors that are successively closer to the desired action.

Stimulus Generalization

The tendency for the conditioned response to be evoked by stimuli that are similar to the stimulus to which the response was conditioned.

Stimulus Discrimination

The ability to differentiate between similar stimuli and respond appropriately to each.