What Two Important Characteristics of Negotiable Instruments Contribute to Their

question 67

Essay

What two important characteristics of negotiable instruments contribute to their value as a method of transferring funds?

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Definitions:

Operant Responding

A behavior modification process through which the strength of a behavior is modified by reinforcement or punishment.

Negative Reinforcement

A behavioral concept where the removal of an adverse stimulus strengthens a behavior or increases its likelihood of being repeated.

Operant Conditioning

A process of instruction where behaviors are adjusted by the application of reinforcements or deterrents.

Learned Association

The process by which two pieces of information, or a behavior and a response, are linked together through conditioning.