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Deidra Was in a Car Accident and Is Trying to Bargain

Question 73

Multiple Choice

Deidra was in a car accident and is trying to bargain with the opposing insurance company for a monetary settlement for her medical bills and suffering. She demands $30,000 and states that she will accept no less. The insurance company offers her $15,000, take it or leave it. Deidra's bargaining situation demonstrates how


A) time delay can negatively impact effective bargaining.
B) the give and take process of bargaining works.
C) taking a tough stance can sometimes deadlock bargaining positions.
D) effective bargaining involves inflated offers so that counteroffers seem more reasonable.

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