If a Merchant Signs a Written Offer to Buy or Sell

question 17

True/False

If a merchant signs a written offer to buy or sell goods, this will be irrevocable only if accompanied by consideration.

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Definitions:

Ratio Strain

A breakdown in the performance of learned behaviors that occurs when reinforcement schedules are thinned too quickly.

Reinforcement

A process which increases the likelihood of a behavior by applying a stimulus immediately after the behavior occurs.

Delivered

In a behavioral context, refers to the administration or provision of a consequence or reinforcement following a behavior.

Positive Reinforcement

A process in behavioral psychology whereby a behavior is strengthened by the consequence of experiencing a positive condition.