In Case of Distributive Bargaining, the ________ Point Marks the Lowest

question 64

Multiple Choice

In case of distributive bargaining, the ________ point marks the lowest outcome that is acceptable-the point below which the party would break off negotiations rather than accept a less favorable settlement.

• A)resistance
• B)tolerance
• C)target
• D)focal
• E)distribution

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Definitions:

Principle

Principle refers to the original sum of money borrowed in a loan or the initial amount of investment before earnings or losses.

Interest Amount

the sum paid or charged for the use of money or for borrowing money.

Periodic Interest Rate

The interest rate charged or earned over a particular period of time, often expressed as a percentage.

Annual Percentage

Often referred to in context of the annual percentage rate (APR), it represents the annual rate charged for borrowing or earned through an investment.