A Significant Mistake in Value Will Rarely Enable a Party

question 72

True/False

A significant mistake in value will rarely enable a party to a contract to avoid the contract.

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Definitions:

Higher Probability Behavior

A concept in operant conditioning referring to a behavior that occurs more frequently, thus can be used as a reinforcement for a behavior of lower frequency.

FR-2 Schedule

A fixed-ratio schedule where reinforcement is provided after every second correct response.

FR-4 Schedule

A fixed-ratio schedule where a response is reinforced only after four instances of that response.

Prefrontal Cortex

The front part of the frontal lobes of the brain, involved in complex behaviors, decision making, and moderating social behavior.