Examlex
What is the term for what the firm owes its creditors?
Conflicts of Interests
Situations where an individual's or organization's personal interests potentially interfere with their ability to make unbiased decisions in their official capacity.
Shared Opportunities
A principle that emphasizes collaborative efforts to create benefits or advantages accessible to all involved parties.
BATNA
Stands for Best Alternative To a Negotiated Agreement, which is the most advantageous alternative course of action a party can take if negotiations fail.
Negotiated Settlement
An agreement reached through direct discussions between parties in a dispute, typically involving compromises from both sides.
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