The Check Clearing for the 21st Century Act Requires Banks

question 7

True/False

The Check Clearing for the 21st Century Act requires banks to accept checks in electronic form.

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Definitions:

Punishment

A strategy to discourage undesirable behavior by either bestowing negative consequences or withholding positive consequences.

Reinforcement

A strategy to cultivate desirable behavior by either bestowing positive consequences or withholding negative consequences.

Mentoring

A work relationship that encourages development and career enhancement for people moving through the career cycle.

Positive Reinforcement

A behavioral strategy that involves rewarding a behavior to increase the likelihood of that behavior being repeated.