Fact Pattern 19-3 ​Thalia Signs an Instrument Unconditionally Promising to Pay to "Union

question 71

Multiple Choice

Fact Pattern 19-3
​Thalia signs an instrument unconditionally promising to pay to "Union Bank" $7500 with interest in installments with the final payment due June 1, 2017.
-Refer to Fact Pattern 19-3. The instrument that Thalia signed is most likely

• A) ​a certificate of deposit.
• B) ​a draft.
• C) ​an order to pay.
• D) ​a promissory note.

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Definitions:

Reward

A stimulus that increases the likelihood of a behavior being repeated.

Crespi

Refers to psychologist Leonard Crespi, known for his work in experimental psychology, especially in motivational research involving rewards.

Hunger Rats

Rats that are used in research studies to investigate the physiological, psychological, and behavioral processes related to hunger and satiety.