Which of the Following Is a Characteristic of a Noncooperative

question 11

Multiple Choice

Which of the following is a characteristic of a noncooperative negotiation?

• A) People know in advance what actions will be taken by others.
• B) People negotiate via proposals and counterproposals
• C) People usually come to the table voluntarily.
• D) The contract is tacit.

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Definitions:

Duress

Duress involves compelling someone to act against their will by using threats, force, or coercion in the context of making a contract.

Mutual Mistake

A situation in legal contracts where all parties involved have misconceptions about a vital fact at the time of agreement.

Disclaimer

A statement that denies something, especially responsibility.

Negligent Misrepresentation

A false statement made carelessly that induces another party to enter into a contract, resulting in harm or loss.