In a Distributive Negotiation, the Terms That Need to Be

question 32

True/False

 In a distributive negotiation, the terms that need to be negotiated are experienced as limits by both parties.

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Definitions:

Fundamental Obligation

An essential or core duty that is imposed by law, contract, or moral imperative, critical to the framework within which it exists.

Breach of Condition

A violation of a specific condition set forth in a contract, which may entitle the non-breaching party to terminate the contract and seek damages.

Liquidated Damages

A predetermined amount of money that is agreed upon by parties in a contract to be paid as compensation in case of breach.

Plaintiff Claim

A statement or demand made in a lawsuit by the plaintiff, outlining the relief or damages sought from the defendant.