Inequality of bargaining power
id:
inequality-of-bargaining-power-293-16218336
title:
Inequality of bargaining power
text:
Inequality of bargaining power in law, economics and social sciences refers to a situation where one party to a bargain, contract or agreement, has more and better alternatives than the other party. This results in one party having greater power than the other to choose not to take the deal and makes it more likely that this party will gain more favourable terms and grant them more negotiating power. Inequality of bargaining power is generally thought to undermine the freedom of contract, result
brand slug:
wiki
category slug:
encyclopedia
description:
Bargaining situation in which one party has many alternatives and can more easily reject the deal
original url:
https://en.wikipedia.org/wiki/Inequality_of_bargaining_power
date created:
date modified:
2023-08-27T05:52:44Z
main entity:
{"identifier":"Q17101608","url":"https://www.wikidata.org/entity/Q17101608"}
image:
fields total:
13
integrity:
14