Sometimes,negotiations Break Down Because Negotiators Have Different Beliefs,views,or Forecasts That

question 17

Multiple Choice

Sometimes,negotiations break down because negotiators have different beliefs,views,or forecasts that cannot be resolved.Why type of strategy may be useful for crafting deals in these types of situations?

• A)A contract in which both parties are confident of a positive outcome in any turn of events
• B)A contract in which negotiators agree on the probability of future events
• C)A contract wherein negotiators make bets based upon different world occurrences
• D)A contract in which there is lots of room is left for ambiguity

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Definitions:

Federal Antitrust Laws

Laws enacted by the federal government of the United States to eliminate or prevent anti-competitive practices, ensure fair competition, and protect consumers from monopolies and cartels.

International Commerce

The exchange of goods and services between countries around the world.

Horizontal Price-fixing

An illegal agreement between competitors to set prices at a certain level, rather than allowing them to be determined by market forces.

Antitrust Legislation

Laws designed to protect consumers and ensure fair competition in the marketplace by regulating anti-competitive conduct and monopolies.