A manager suspends one of his subordinates for showing up to work late. This is an example of:

A. negative feedback.

B. punishment.

C. negative reinforcement.

D. extinction.

E. neutral reinforcement.

B

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The terms of some real estate loans provide that the interest rate may be increased or decreased depending on money market conditions. We call this type of loan:

A: An interim loan; B: A loan which is secured by a short-term land contract; C: A variable interest rate loan; D: A fluctuating market condition loan.

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A(n) ________ warranty is one clearly stated by the seller or manufacturer

A) express B) implied C) liquidated D) impact

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