In a Third-Party Beneficiary Contract, the Third Party's Rights Arise

question 68

True/False

In a third-party beneficiary contract, the third party's rights arise at the time the contract is formed.

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Definitions:

Variable-Interval Schedule

A schedule of reinforcement where a response is rewarded after an unpredictable amount of time has passed, leading to a steady, consistent response rate.

Reinforcement

Reinforcement is a principle in behavioral psychology where a behavior is encouraged or strengthened by a consequence following the behavior.

Negative Reinforcement

A behavioral principle where the removal of an unfavorable outcome or stimulus strengthens or increases the likelihood of a specific response or behavior.

Negative Reinforcement

A behavioral principle where the removal of an unfavorable condition strengthens a behavior.