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Dick and Jane are divorced in 2010.At the time of the divorce,Dick had a lawsuit pending.He had filed suit against a former employer for overtime pay.As part of a divorce agreement,Dick agreed to pay Jane one-half of the proceeds from the lawsuit.In 2011,Dick collected $250,000 from the former employer and paid Jane $125,000.What are the tax consequences for Dick receiving the $250,000 and then paying Jane the $125,000?
Successive Concessions
A negotiation strategy where each party makes gradual concessions to reach an agreement.
Resistance Point
The price beyond which a negotiator is unwilling to go during a negotiation.
Fatigue Point
The moment at which physical or mental weariness reduces effectiveness or the ability to continue.
Distributive Bargainers
Negotiators who view the process as a fixed pie where any gain by one party is made at the expense of the other, promoting competitive tactics.
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