The negotiation situations in which people seek to reach mutual agreement via binding contract are called ________ negotiations.

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Explicit negotiations involve a process of open and direct communication in which the parties seek to reach a mutually acceptable agreement. These negotiations typically result in a binding contract that outlines the terms and conditions of the agreement. Concurrent negotiations refer to situations in which parties negotiate at the same time or concurrently, while reciprocal negotiations involve a process of give-and-take or exchanging concessions to reach an agreement. Tacit negotiations refer to situations in which negotiations take place through actions or signals rather than direct communication.

The Negotiation Situations in Which People Seek to Reach Mutual