A Contingency Contract Is Often Required When Negotiators ________

question 15

Multiple Choice

A contingency contract is often required when negotiators ________.

• A) capitalize on their differences
• B) must get the contract ratified by others
• C) reach a consensus about the future
• D) find that their views coincide

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Definitions:

Net Benefits

The difference between the total benefits received from a decision or action and the total costs associated with it.

Theft And Vandalism

is criminal activities involving the unauthorized taking of property and the deliberate destruction or damage to property, respectively.

Median-Voter Model

A theoretical model that suggests the outcome of a majority vote is most likely to represent the preferences of the voter who is precisely in the middle of the preference spectrum.

Voting Period

The designated timeframe during which eligible individuals can cast their votes in an election or on a specific issue.