Examlex
A negative bargaining range occurs when:
Insolvent
Insolvent is a financial term used to describe a situation where an individual or entity is unable to meet their debt obligations due to insufficient assets.
Reclaim
To retrieve or recover something that was previously lost, surrendered, or discarded.
Received Goods
Items that have been delivered and accepted by a buyer, typically in a commercial transaction.
Aggrieved Party
An individual or entity that has suffered a legal wrong or injury, giving them the right to seek remedy.
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