Examlex
People moved into the Old Northwest for all of the following reasons except
BATNAs
An acronym for "Best Alternative to a Negotiated Agreement," indicating the course of action that a party will take if current negotiations fail.
Bargaining Zone
The range within which an agreement is reachable during negotiations, bounded by the minimum and maximum limits of both parties.
Agreement
A mutual understanding or arrangement between two or more parties, often formalized in a contract or verbal commitment.
No Deal
A situation where negotiation or discussion does not result in an agreement or outcome.
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