Which of the Following Is False

question 75

Multiple Choice

Which of the following is false?

• A)The best endorsement of the quality and price of a new securities offering is if the Securities and Exchange Commission (SEC) approves the new offering.
• B)Investment banks design, market, and underwrite the issuance of new securities in the primary market.
• C)Investment banks handle private placements that bypass the underwriting process and that are marketed to a limited number of qualified investors.
• D)The Securities and Exchange Commission (SEC) was created in 1934 to regulate the securities industry.

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Definitions:

Shaping

A method of conditioning whereby successive approximations toward a desired behavior are reinforced, gradually leading to the acquisition of the target behavior.

Primary Reinforcers

Primary reinforcers refer to stimuli that satisfy basic survival needs and do not require learning to become pleasurable or desirable, such as food, water, and warmth.

Aversive Stimuli

Unpleasant or noxious stimuli used in behavioral conditioning to elicit a negative response, teaching the subject to avoid the stimuli.

Reinforcement Schedule

A plan or rule that determines how often a behavior is reinforced in operant conditioning.