The Decision-Acceptance Effect States That

question 74

Multiple Choice

The decision-acceptance effect states that

• A) if negotiators anticipate that their own failure to agree will lead to a binding arbitrator's intervention,it may cool their incentive to work seriously for a negotiated settlement.
• B) when arbitration is anticipated as a result of the failure of parties to agree,negotiators may lose interest in the process of negotiating.
• C) as the frequency of arbitration increases,disenchantment with the adequacy and fairness of the process develops,and the parties may resort to other means to resolve their disputes.
• D) arbitrated disputes may engender less commitment to the settlement than alternative forms of dispute resolution.
• E) The decision-acceptance effect states all of the above.

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Definitions:

Concealed

Hidden or kept secret from view.

Defraud

The act of deceiving or cheating someone or a group to gain financial or personal advantage.

Chapter 13 Plan

A bankruptcy plan allowing individuals earning regular income to develop a plan to repay all or part of their debts within a specified timeframe.

Confirmed

A term indicating that something has been verified or validated by an authoritative source or through evidence.