Which of the following is true about BATNA?

A) It is the minimum that an individual will accept out of a negotiation.
B) It is the explanation behind the position that expresses why a negotiator wants what he/she wants.
C) It is a written agreement that ensures commitment to what was negotiated.
D) It is the best outcome a negotiating party can get,should the negotiation neither occur nor conclude.

BATNA

Stands for Best Alternative To a Negotiated Agreement, the course of action that will be taken by a party engaged in negotiation if the current negotiations fail and an agreement cannot be reached.

Negotiating Party

A negotiating party refers to an individual or group involved in discussions aimed at reaching an agreement or compromise on specific matters.

Written Agreement

A formal document in which the parties involved agree to certain terms and conditions that are put in writing.