Which of the Following Correctly Matches the Reality That Contracts

question 21

Multiple Choice

Which of the following correctly matches the reality that contracts cannot recite or provide for all contingencies,leaving some issues unstated?

• A) The degree of certainty established in a contract is not entirely absolute.
• B) Contractual disputes over unknown contingencies require litigation.
• C) Standard form contracts are preferred as they cover all contingencies.
• D) Unknown contingencies cause irreconcilable disputes between businesses.

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Definitions:

Reciprocal Determinism

A theory which posits that a person's behavior is influenced by both their own characteristics and the environment, in a mutually influencing relationship.

Operant Conditioning

A form of behavioral conditioning that adjusts the level of a behavior through the addition of positive stimuli or negative consequences.

Classical Conditioning

A learning process that occurs when two stimuli are repeatedly paired: a response that is at first elicited by the second stimulus is eventually elicited by the first stimulus alone.

Reinforcement

In behavioral psychology, an event that strengthens or increases the likelihood of a behavior by providing a consequence an individual finds rewarding.