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2 years ago

How can parties that have unequal bargaining power negotiate meaningfully, without one party taking advantage of the other?

Business

1 answer:

Bezzdna [24]2 years ago

7 0

Answer:

Negotiation is a technique of Alternative Dispute Resolution (ADR) which retains power to decide the disagreement to the parties included.

Explanation:

Inequality or unequal bargaining power take place when the provisions/terms of a contract are unjust, unreasonable, and unfair. Negotiation between 2 parties with unequal bargaining power can lead to the stronger party being oppressive at the time of negotiation with the other party having weaker bargaining power which results in unfair consequences for the weaker party.

To ensure such unfairness does not take place to the weaker party, the alternate remedy is approaching the law. The law does not consent the noticeably unfair use by the stronger party of its advantage in the bargaining power, and would intervene by modifying or setting aside the contract to reinstate equity in negotiation between the parties.

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A loan of $5,000 is charged a 12% annual interest rate. An $80 payment is made each month. a. Write a recurrence relation for th

klemol [59]

Answer:

$4163.57

Explanation:

Please see attachment

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3 years ago

Several years ago, Nicole Company issued bonds with a face value of $1,000,000 for $945,000. As a result of declining interest r

sergiy2304 [10]

Answer:

Record the retirement of bonds using discount account:

Retirement of bonds is the reimbursement of bonds. The equalization on the date of reimbursement will be paid-off including interest.

It is given that the presumptive worth of bonds is $1,000,000 and the present book estimation of bonds is $984,000. They will be recovered at 5% premium. It adds up to $50,000 ($1,000,000 x 5%). On the date of reimbursement, the bond guarantor needs to pay ($1,000,000 + $50,000 + $16,000 ($1,000,000 - $984,000)) to the investor. The overabundance measure of $66,000 ($50,000 + $16,000) paid ought to be perceived as misfortune on bond call.

To record the retirement of bonds, Following are the journal entries:

Debit: Bonds payable = 1,000,000

Debit: Loss on bond call = 66,000

Credit: Discount on bonds payable = 16,000

Credit: Cash [$1.000,000 x (1 + 0.05)] = 1,050,000

[To record the retirement of bonds.]

7 0

3 years ago

Which Agile approach helps teams improve their project cycle time by considering team capacity?

mote1985 [20]

Answer:

Scrum

Explanation:

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3 years ago

The price of gasoline rises 5% and the quantity of gasoline purchased falls 1%. The price elasticity of demand is equal to _____

leonid [27]

Answer:

-0.2; less elastic to price

Explanation:

Given that,

Percentage change in the price of gasoline = 5%

Percentage change in the quantity demanded = 1%

Therefore, the price elasticity of demand is as follows:

= Percentage change in the quantity demanded ÷ Percentage change in the price of gasoline

= (-1) ÷ 5

= -0.2

Hence, the demand for gasoline is less elastic to price because higher percentage change in prices will lead to lower percentage change in the quantity demanded.

6 0

4 years ago

Swifty Inc. has three divisions which are operated as profit centers. Actual operating data for the divisions listed alphabetica

Travka [436]

Answer:

(1) Controllable margin $ 191420

(2)  Variable Costs$ 371580

(3) Contribution Margin $ 146380

(4)Controllable fixed costs $45,040

(5) Controllable fixed costs $ 95710

(6) Sales $ 484,180

Explanation:

The workings have been done to show the results.

Swifty Inc.

Women’s Shoes Men’s Shoes Children’s Shoes

Sales 675,600 506,700 (6) $ 484180

Variable costs (2)$ 371580 360,320 281,500

C. Margin $304,020 $ (3)146380 $202,680

(2)  Variable Costs = Sales - Contribution Margin= 675600- 304020=

$ 371580

(3) Contribution Margin= Sales - Variable Costs = 506,700-360,320 = $ 146380

(6) Sales = Contribution Margin + Variable Costs= 281,500 +$202,680 = $ 484,180

Swifty Inc.

Women’s Shoes Men’s Shoes Children’s Shoes

Sales 675,600 506,700 $ 484180

Variable costs $ 371580 360,320 281,500

C. Margin $304,020 $ 146380 $202,680

Controllable

fixed costs 112,600 (4) $45,040 (5) $ 95710

Controllable margin (1) $ 191420 101,340 106,970

(1) Controllable margin=Contribution Margin-Controllable fixed costs

= $ 304,020 -112,600 =$ 191420

(4) Contribution Margin- Controllable margin=Controllable fixed costs

$ 146380 - 101,340 = $45,040

(5) Contribution Margin- Controllable margin=Controllable fixed costs

$202,680 - 106,970 = $ 95710

5 0

3 years ago