Actual Cash Value and Replacement Cost Are the Most Common

question 22

True/False

Actual cash value and replacement cost are the most common means of valuing property loss.

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Definitions:

Negative Reinforcer

In behaviorism, an unpleasant stimulus that, when removed following a behavior, increases the likelihood of that behavior being repeated.

Primary Reinforcer

Something that is naturally rewarding because it fulfills a basic biological need or desire.

Continuous Reinforcement

A learning schedule in which every correct response is followed by a reward, facilitating rapid acquisition of a new behavior.

Ratio Reinforcement

A type of operant conditioning reinforcement schedule in which a response is reinforced only after a specified number of responses have occurred.