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David, a human resource intern, was given an assignment by his manager. He needed to obtain information from other departments to complete the assignment. But, some departments refused to share information with an intern. David was frustrated because he did not have the power to get the information he needed. In the context of this situation, David's manager made the mistake of
Words of Negotiability
Phrases used in financial instruments that indicate the terms under which they can be transferred or assigned to another party.
Negotiation
A discussion aimed at reaching an agreement, where parties involved communicate back and forth to discuss and resolve differences.
Assignment
A transfer of rights or property from one party to another.
Transferee
A transferee is an individual or entity that receives a transfer of property, rights, or interest from another.
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