According to the Rule of _____, If a Promisee's Performance

question 35

Multiple Choice

According to the rule of _____, if a promisee's performance was rendered before the promisor's promise was made, then it can never serve as consideration, even though it may meet the "legal value" part of the test.

• A) past consideration
• B) preexisting duty
• C) forbearance
• D) promissory estoppel

Discuss the adaptive significance and applications of learned behaviors in both human and non-human animals.

Illustrate the impact of observational learning and social cognitive theories on understanding human behavior.

Define and provide examples of discriminative stimuli and discuss their importance in the learning process.

Understand the application of learning principles to therapeutic techniques, such as exposure and aversion therapy.

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Definitions:

Chattel Paper

A writing that indicates both a monetary obligation and a security interest in specific goods.

Security Interest

A legal claim or lien on collateral that secures the performance of an obligation, such as repayment of a loan.

Ordinary Course

Refers to actions and transactions that are regular and normal for a particular business under the circumstances.

Financing Statement

A document filed to give public notice that a lender has a security interest in a debtor's property, typically for securing loans.