Contracts of Utmost Good Faith

question 63

Multiple Choice

Contracts of utmost good faith

• A)arise when one party is uniquely situated to know the material facts such as an insurance contract.
• B)are the only contracts that do not require any kind of disclosure.
• C)do not require notification of any changes to previously supplied information.
• D)have no bearing on the law of misrepresentation.
• E)allow parties to lie to each other prior to entering into a contract without any legal consequence attaching to those lies.

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Definitions:

Response Generalization

The phenomenon where the effects of reinforcement for a specific behavior increase the likelihood of other similar behaviors occurring.

Response Maintenance

A type of generalization that occurs when a behavior is performed following the withdrawal of an intervention. It is measured in terms of the strength or durability of learned behaviors once the initial contingencies are removed.

Generalization

The process in which behaviors learned in one context transfer to other contexts that are perceived as similar, extending the reach of learned responses beyond the original settings.

Social Validation

The process of seeking or obtaining approval or affirmation from others in one's social environment.