In Contract Law, the Term Consideration Refers to the Serious

question 32

True/False

In contract law, the term consideration refers to the serious thought that underlies a party's intent to enter into a contract.

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Definitions:

Reinforced

Strengthened or emphasized, often used in the context of behaviors being increased through positive or negative reinforcement.

Animal

A living organism belonging to the kingdom Animalia, typically characterized by voluntary movement, sensory capabilities, and consumption of organic materials for energy.

Intermittent Reinforcement

A conditioning schedule in which a reward or punishment is not administered every time the desired response is performed.

Extinction

In behavioral psychology, the process through which a conditioned response decreases or disappears after the conditioned stimulus is repeatedly presented without the unconditioned stimulus.