When One Learns the Consequences of an Action by Watching

question 53

Multiple Choice

When one learns the consequences of an action by watching another person perform the action,this type of learning is called:

• A) vicarious learning
• B) indifferent learning
• C) occupational learning
• D) amplitude learning

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Definitions:

Federal Trade Commission

A U.S. government agency whose mission is to protect consumers and promote competition.

Misleading Advertising

Advertising that deceives or is likely to deceive the consumers, making them believe something about a product or service that is not true.

Insider Trading

Refers to illegal practice where trade of a company's stock is undertaken by people who have access to non-public, material information about the company.

Tying Contract

A requirement imposed by a seller that a buyer purchase another (or other) of its products as a condition for buying a desired product; a practice forbidden by the Clayton Act.