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Diamond,Inc

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Diamond,Inc.purchased a machine under a deferred payment contract on December 31,2013.Under the terms of the contract,Diamond is required to make eight annual payments of $140,000 each beginning December 31,2014.The appropriate interest rate is 8 percent.The purchase price of the machine is


Definitions:

Stimulus Generalization

A phenomenon in learning where a response is elicited by stimuli that are similar but not identical to the original conditioned stimulus.

Discrimination

Discriminatory behavior or unfair treatment towards various groups, particularly based on racial, age, or gender differences.

Stimulus Generalization

The process by which a conditioned response is triggered by stimuli that are similar, but not identical, to the original conditioned stimulus.

Conditioned Response

A response that has been acquired through learning to a stimulus that was once neutral but has been consistently paired with an unconditioned stimulus.

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