Examlex
What does the least squares method do exactly?
Bargaining Impasses
Occurs when the parties involved in negotiation, particularly in labor negotiations, are unable to reach an agreement despite prolonged discussions.
Dispute Resolution
The process of resolving a dispute or conflict between parties through negotiation, mediation, arbitration, or legal actions.
Third Party Dispute
A conflict involving an external entity that is not a direct party to the initial issue or disagreement, often requiring resolution through mediation or arbitration.
Nonbinding Recommendations
Suggestions offered by a mediator or arbitrator that do not have to be legally followed by the parties in a dispute.
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