Answer: The correct answer is "b) extinction punishment".
Explanation: This scenario typically illustrates the reinforcement contingency of <u>extinction punishment.</u>
<u>Because the company in deciding not to reward managers this time, is extinguishing the benefit they had, in the form of punishment for the poor performance of the company.</u>
Replacement value of the home = $275000
Percentage of Insurance required = 85%
The amount of coverage is 85% of the replacement value of the home. Therefore, the coverage amount would be:
Coverage amount = $275,000 x 85%
= $275,000 x 0.85
= $$233,750
Therefore, they need to have an insurance cover of $233,750 to cover the 85 percent replacement value of the current home.
Answer:
D) conform to the contract description in every way.
Explanation:
The perfect tender rule refers to article 2 of the Uniform Comemrcial Code (UCC). This rule applies to the selling or leasing of goods, where a buyer or lessee can reject goods delivered to them if they do not comply with the contract's terms in a perfect way. In other words, if the goods delivered are not exactly as those specified in the contract, then the buyer or lessee can reject them.
Sometimes it makes sense for a company to do business under a different name. To do this, the company has to file what's know as a DBA, meaning "doing business as." A DBA is also known as a "fictitious business name," "trade name," or "assumed name."
