A contract includes a 'step negotiation' clause requiring disputes to be escalated from project managers to vice presidents to CEOs before arbitration. This structure is primarily designed to:
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A
Create delay mechanisms that benefit the party in breach of contract
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B
Ensure decision-makers with authority and business perspective attempt resolution before litigation
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C
Waive all legal rights to arbitration if any step is skipped by either party
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D
Allow the CEO level to impose binding settlements on both parties unilaterally