Sometimes a Third Bank,in Addition to the Issuing Bank and the Advising

question 21

Multiple Choice

Sometimes a third bank,in addition to the issuing bank and the advising bank,becomes involved with a letter of credit.This bank is called a

• A) primary bank.
• B) secondary bank.
• C) intermediary bank.
• D) amending bank.
• E) None of the above

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Definitions:

Generalization

The process of extending the application of a response to stimuli that are similar to the conditioned stimulus in classical conditioning.

Reinforced Behavior

Behavior that is strengthened or made more likely to occur in the future due to the consequence of a reinforcement.

Different Situation

refers to a divergent or distinct condition, circumstance, or context from what is considered normal or usual.

Primary Reinforcer

A stimulus that is naturally rewarding and satisfying, and requires no learning to become desirable, such as food or water.