If a Company Sells Merchandise with Credit Terms 2/10 N/60

question 25

True/False

If a company sells merchandise with credit terms 2/10 n/60, the credit period is 10 days and the discount period is 60 days.

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Definitions:

Spontaneous Recovery

The reappearance of a previously extinguished response after a period without exposure to the conditioned stimulus.

Negative Reinforcement

A behavioral principle where the removal of an unfavorable outcome or stimulus increases the likelihood of a behavior being repeated.

Discrimination

The unfair or biased treatment toward various groups of individuals, frequently rooted in differences in race, age, gender, or physical abilities.

Extinction

The process by which a conditioned response decreases or disappears after repeated exposure without the unconditioned stimulus.