Negotiators Often Use One of Three Fairness Principles When It

question 34

Multiple Choice

Negotiators often use one of three fairness principles when it comes to slicing the pie.Which of the following is one of these three principles?

• A) the procedural rule
• B) the needs-based rule
• C) the traceability rule
• D) the reciprocal rule

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Definitions:

Stock Index

An indicator used to measure and report value changes in a selection of stocks, which represents a specific segment of the stock market.

Risk-Free Rate

The expected yield from an investment that carries no risk, commonly exemplified by state bonds.

Dividend

A portion of a company's earnings distributed to its shareholders, typically in the form of cash or additional shares.

Cash Settlement

The provision of some futures contracts that requires not delivery of the underlying assets but settlement according to the cash value of the asset.