A last-minute demand by one party made to take advantage of the other party when they are about to reach an agreement is known as a nickel-and-diming tactic.

Name: A last-minute demand by one party made to take advantage of the other party when they are about to reach an agreement is known as a nickel-and-diming tactic.
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Question

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This is correct. A nickel-and-diming tactic refers to making small, last-minute demands in order to gain an advantage in a negotiation.

A Last-Minute Demand by One Party Made to Take Advantage