Examlex
Tech A states that toroidal CVTs are commonly sold by manufacturers. Tech B states that toroidal transmissions are expensive to manufacture. Who is correct?
First Agreement Arbitration
A dispute resolution process agreed upon as the first step in addressing conflicts before seeking litigation, emphasizing an agreement's prior establishment.
Third Party Intervention
The involvement of an external party in a dispute or negotiation to assist in reaching a resolution or agreement.
Bargaining in Good Faith
The duty of parties to a negotiation to communicate honestly and seriously with the intention to reach an agreement.
Incremental Sales Revenue
Additional revenue generated from sales activity above a previously established base level.
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