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In Reinforcement Theory,extinction Refers to a Strategy of Responding to Undesirable

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In reinforcement theory,extinction refers to a strategy of responding to undesirable behavior with negative reinforcements,such as verbally reprimanding an employee in front of his peers.
In reinforcement theory,extinction means that a manager does not respond to undesirable behavior.The idea is that if the manager does not reinforce the behavior,the employee will eventually quit doing it.

Understand the principles and rules governing sales of goods, including the effects of warranties, conditions, and the passing of risk.
Recognize the applicability and limits of the Sale of Goods Act in various transactions.
Identify legal responsibilities and rights of parties in sales contracts, including buyers, sellers, manufacturers, and dealers.
Analyze the legal consequences of breach of contract in sales transactions.

Definitions:

Progressive Tax

A tax system where the tax rate increases as the taxable amount increases, imposing a higher percentage rate on the wealthy.

Income Tax

A tax levied by governments on individuals' or entities' income, used to fund public services and governmental activities.

Taxes

Compulsory financial charges or levies imposed by a government on individuals or entities to fund public expenditures.

Average Tax Rate

The average tax rate is the ratio of the total amount of taxes paid to the total tax base (taxable income or spending), essentially reflecting the percentage of income that goes to taxes.

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