When a Home Is Sold and a New Loan by an Institutional

question 72

True/False

When a home is sold and a new loan by an institutional lender is required, the typical time between purchase contract signing and settlement will most likely be from 1 to 29 days.

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Definitions:

Stimulus Generalization

The process by which a response conditioned to a specific stimulus becomes triggered by stimuli that are similar but not identical to the original stimulus.

Disinhibition

The reduction of restraint or inhibition which can lead to the expression of behaviors normally kept under control.

Renewal Effect

The phenomenon where extinguished responses reappear when the context or environment is changed after extinction.

Negative Reinforcement

A process in operant conditioning where a response is strengthened by the removal or avoidance of an unpleasant stimulus.