Ratio Schedule Is When _______________

question 34

Multiple Choice

Ratio schedule is when _______________.

• A)Reinforcement is based on performance
• B)Reinforcement is based on how many people need reinforcement
• C)Reinforcement is based on time
• D)Reinforcement is based on output

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Definitions:

Promisor

An individual or entity that makes a promise or commitment to perform a specified act or duty in a contract.

Holder in Due Course

This is a legal term for an individual or entity that has acquired a negotiable instrument in good faith and for value, thus having certain protections against defenses and claims in disputes over its payment.

Conflicting Claim

A situation where two or more parties assert rights or entitlements that are incompatible with one another.

Instrument

A formal written legal document, such as a contract, will, or deed, that formally records the details of a transaction or agreement.