The Term Residual Claim Refers to a Stockholders' Right to

question 265

Multiple Choice

The term residual claim refers to a stockholders' right to

• A) receive dividends.
• B) share in assets upon liquidation.
• C) acquire additional shares when offered.
• D) exercise a proxy vote.

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Definitions:

Partial Reinforcement Effect

The tendency for a behavior to become more resistant to extinction following intermittent reinforcement than after continuous reinforcement.

Behavioral Contrast Effect

A phenomenon observed in conditioning where the response to a conditioned stimulus changes when an alternative stimulus is presented with different reinforcement conditions.

Extinction

In behavioral psychology, the process whereby a conditioned response decreases in frequency and eventually disappears as a result of the conditioned stimulus being presented without reinforcement.

Reinforcer

Any stimulus that strengthens or increases the likelihood of a behavior by its occurrence.