Examlex
What occurs between two entities in which an instance of one entity can be related to many instances of a related entity?
Negotiations
The process of discussing and coming to mutual agreements between parties with different interests, often involving compromise to settle disputes or formalize arrangements.
Side Discussions
Informal or unofficial conversations that occur alongside formal negotiations or meetings, often used to resolve issues in a less formal setting.
Collective Bargaining Agreements
Legal contracts between employers and a body of employees (often a union) that outline wages, hours, and conditions of employment.
Legally Binding
A term, agreement, or contract that is legally binding is one that is enforceable by law, meaning parties must adhere to the terms laid out or face legal consequences.
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