Examlex
Which of the following represents the least favorable settlement that a party is willing to accept on a given negotiated issue?
Majority Rule
A decision-making principle whereby the option receiving more than half of the votes wins.
Preferred Outcome
The most favored or desired result in a decision-making process, often involving strategic considerations or personal preferences.
Unanimity Property
A principle requiring all parties involved to agree entirely on a decision, often used in decision-making processes to ensure consensus.
Ranking
The process or result of ordering items or individuals based on certain criteria, from highest to lowest or vice versa.
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