Which of the Following Statements About Concessions Is True

question 6

Multiple Choice

Which of the following statements about concessions is true?

• A)Making a concession before the other side can present its position is an excellent way to preempt control of the meeting.
• B)Concessions should gradually increase in size.
• C)Once made, a concession cannot be withdrawn.
• D)Be flexible, if it is necessary to abandon your objectives to get an agreement, be willing to adjust.
• E)None of the above statements about concessions is true.

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Definitions:

Risk Transference

A risk management technique where the potential for loss or damage is shifted from one party to another, often through insurance or contracts.

Security Insurance

Financial products or services that provide protection against losses from cybersecurity incidents or data breaches.

Student ID

A unique identifier assigned to students by educational institutions for tracking and record-keeping purposes.

User

An individual or entity that utilizes or operates technology, products, or services.