How Can Modern Technology, Such as Negotiation Support Systems (NSS)

question 95

Essay

How can modern technology, such as negotiation support systems (NSS), be used to improve the negotiating process?

Understand when and how title and risk of loss pass from the seller to the buyer or lessee.

Grasp the rights of parties to insure the goods involved in the transaction.

Recognize the conditions under which rights and liabilities in sales or leases are determined, especially concerning title and identification.

Identify the role of documents of title in the passage of title and risk of loss.

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Definitions:

Need for Power

A personality trait characterized by a strong desire for influence, control, or authority over others or the environment.

Restore Equity

The act of rectifying or balancing out an unfair situation, ensuring fairness and justice in the distribution of resources or treatment.

Overpaid

Describes a situation where an individual receives compensation that is considered excessively high for the work performed or the position held.

Higher Order Needs

In Maslow's hierarchy, these refer to psychological and self-fulfillment requirements such as esteem and self-actualization.