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Describe the four negotiation sub-processes and explain how they interact with the pre-negotiation stage. (Pages 212-213)
Purchase Price
The amount of money paid by a buyer to acquire ownership of a product or property.
Unenforceable
A term describing a contract or clause that cannot be upheld or compelled by law.
Not in Writing
Refers to agreements or communications that haven't been formally recorded on paper or in any digital format.
Electric Pencil Sharpener
A device powered by electricity used for sharpening pencils through a rotating mechanism.
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