Under the Davis-Bacon Act of 1931 and the Walsh-Healy Public

question 17

True/False

Under the Davis-Bacon Act of 1931 and the Walsh-Healy Public Contracts Act of 1936, employees of federal contractors must receive rates less than the prevailing wages in the area.

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Definitions:

BATNA

Best Alternative To a Negotiated Agreement, the most advantageous alternative course of action a party can take if negotiations fail.

Negotiators

Individuals or parties involved in discussions to reach an agreement or resolve a dispute.

Excellent Negotiators

Excellent negotiators are individuals skilled at reaching beneficial agreements by effectively communicating, strategizing, and managing relationships.

BATNA

Best Alternative To a Negotiated Agreement; the option that a party can take if negotiations fail and no agreement is reached.