According to Pierre Casse, Which of the Following Is a Typical

question 38

Multiple Choice

According to Pierre Casse, which of the following is a typical characteristic of a successful Indian negotiator?

• A)never changes his or her mind
• B)lacks patience
• C)uses trade secrets to strengthen his position
• D)stays humble and trusts the opponent

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Definitions:

Foreclosure Proceeding

A legal process by which a lender seeks to recover the balance of a loan from a borrower who has stopped making payments by forcing the sale of the asset used as the collateral for the loan.

Redeem

To recover possession of something by paying a specified amount, or to fulfill a promise or obligation.

Default

Failure to fulfill an obligation, especially failure to meet a financial commitment or appear in a court of law.

Prepayment Penalty Clause

A provision in a contract that imposes a penalty on a borrower for paying off a loan before its maturity date.