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Forbearance Is a Process That Allows a Lender to Legally

question 28

True/False

Forbearance is a process that allows a lender to legally repossess and auction off the property securing a loan.


Definitions:

Schedule

A plan that gives a list of events or tasks and the times at which each one should happen or be done.

Conditioned Reinforcer

A stimulus that gains its reinforcing power through its association with a primary reinforcer, used to increase the likelihood of a desired response.

Primary Reinforcer

A stimulus that satisfies a basic biological need, such as food, water, or warmth, which inherently reinforces and promotes certain behaviors.

Operant Behavior

A concept in behavioral psychology referring to behavior that is controlled or influenced by its consequences, including rewards and punishments.

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