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Conversational Turn-Taking Makes the Process of Negotiation Seem Smoother and More

question 4

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Conversational turn-taking makes the process of negotiation seem smoother and more natural,but it also serves an important informational function which is:


Definitions:

Presentment

The act of formally presenting a document, such as a check or draft, to a party for acceptance or payment.

Electronic Means

Using digital technologies or electronic equipment to perform tasks or convey information.

Timely Notice

The requirement to inform or alert parties involved in a legal or formal process within a set time frame to ensure fairness.

Dishonor

The refusal or inability to pay a financial obligation when it comes due.

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