What Is the Term Used When One of the Parties

question 37

Multiple Choice

What is the term used when one of the parties bargains without any serious intent of concluding a collective agreement?

• A) Surface bargaining
• B) Circumvention
• C) Intransigence
• D) Boulwarism

---

Definitions:

Financing Statement

A document filed to indicate a security interest in personal property, used to secure or claim debts.

ABC Electronics

A hypothetical or generic name often used to represent a fictional electronics company or retailer.

Financing Statement

A legal document filed to indicate a secured interest in personal property, used to perfect a security interest under Article 9 of the Uniform Commercial Code.

Perfecting Interest

Legal steps taken to protect a secured interest in a piece of property, typically through public registration.