Compare and contrast the perspectives of a lawyer and a business client when approaching the negotiation of a contract


Businesspeople are optimists - they believe they have negotiated a great deal and everything is going to go well - sales will boom, the company will prosper. Lawyers have a different perspective - their primary goal is to protect their clients by avoiding litigation, now and in the future. For this reason, lawyers are trained to be pessimists - they try to foresee and protect against everything that can possibly go wrong. Businesspeople sometimes view this lawyering as a waste of time and a potential deal-killer. What if the two parties cannot agree about what to do in the event of a very unlikely circumstances? The deal might just collapse.

Business

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At the ________ level of moral development, a person says “It’s all about me. I’ll take advantage of you to get what I want.”

A. preconventional level B. conventional level C. postconventional level D. neoconventional level

Business

_______________________________ is a strategy for regaining competitive advantage by creating a corporate culture of constant change and small improvements.

Fill in the blank(s) with the appropriate word(s).

Business

Costs of retiree benefits are also known as:

a. legacy costs. b. indemnity costs. c. litigation costs. d. benefit costs.

Business

People aged 65 and older are expected to soon outnumber children under age 5 for the first time in history.

Answer the following statement true (T) or false (F)

Business