When You Hypothecate an Asset It Means That You as a Borrower

question 10

Multiple Choice

When you hypothecate an asset it means that you as a borrower have:

• A) signed a promissory note
• B) given a deed in lieu of foreclosure
• C) pledged an asset as collateral without giving up it use
• D) assigned their debt to another while retaining liability

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Definitions:

Operant Conditioning

Operant conditioning is a learning process whereby behavior is strengthened or weakened by reinforcement or punishment.

Classical Conditioning

A training approach characterized by making associations between a stimulus in the environment and one that occurs naturally, causing a conditioned behavior.

Social Setting

The physical and social context in which people live or in which something happens or develops.

Negative Punishment

A behavior modification technique involving the removal of a desirable stimulus following an undesired behavior to decrease the likelihood of the behavior’s occurrence.