A Promise to Accept a Lesser Sum in Satisfaction of a Greater

question 30

True/False

A promise to accept a lesser sum in satisfaction of a greater sum will be enforceable if it is contained in a deed.

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Definitions:

Continuous Reinforcement

A learning process in which a behavior is reinforced each time it is exhibited, leading to quicker acquisition of the behavior.

Intermittent Schedule

A reinforcement schedule in which rewards or consequences are given out at irregular intervals to modify behavior.

Free Will

The ability of agents to make choices free from certain kinds of constraints, a concept often debated in philosophy and psychology.

Behavioral Principles

Fundamental concepts or rules that underlie patterns of behavior, often used in psychology to explain and predict human actions.