The Law of ____ States That Behavior Followed by Pleasant

question 111

Short Answer

The law of ____ states that behavior followed by pleasant consequences is likely to be repeated; behavior followed by unpleasant consequences is not.

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Definitions:

Accounts Payable

Liabilities of a business that represent its obligations to pay off short-term debts to its creditors or suppliers.

Common Stock

A form of investment indicating a share in a company's ownership, entitling the holder to a portion of its profits or losses.

Revenue

The income that a business receives from its normal business activities, typically from the sale of goods and services to customers.

Net Fixed Assets

The value of a company's property, plant, and equipment minus depreciation, representing the company's investment in long-term assets.