Gregory and Philip Are Contracting to Buy and Sell Mortgages

question 40

Multiple Choice

Gregory and Philip are contracting to buy and sell mortgages for their respective banks. In order to limit their ability to assign their rights under the contract, the parties will want to include a(n) ________

• A) refusal to assign clause.
• B) antiassignment clause.
• C) no right to assign clause.
• D) obligator deference clause.
• E) limited liability clause.

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Definitions:

S-R Habits

Behaviors that are formed through the repeated pairing of a specific stimulus (S) and response (R), leading to a habitual action.

Prefrontal Cortex

The part of the frontal lobes of the brain involved in complex behaviors including planning, decision making, and moderating social behavior.

CS-CR Association

The learned association between the conditioned stimulus (CS) and the conditioned response (CR) in classical conditioning.

Pavlovian Conditioning

The association of a response with an environmental event as the result of pairing that event (conditioned stimulus, or CS) with a biologically significant event (unconditioned stimulus, or UCS).