{"iri":"http://lmss.sali.org/RCoJvHjMZAsxOq6tWt43JXH","id":"RCoJvHjMZAsxOq6tWt43JXH","label":"Arm’s Length","definition":"Arm’s length negotiation refers to a negotiation between parties who act independently and have no relationship to each other, ensuring that each party acts in its own self-interest. This type of negotiation is characterized by fairness, objectivity, and the absence of any collusion or undue influence, often used to determine the fair market value of goods or services.","prefLabels":["Arm’s Length Negotiation"],"altLabels":["Impartial Deal-Making"],"examples":[],"notes":[],"sources":[],"branch":{"iri":"http://lmss.sali.org/RlNFgB3TQfMzV26V4V7u4E","label":"Objectives"},"parents":[{"iri":"http://lmss.sali.org/R7kD4ePZmjNDaw2a1pWIDds","id":"R7kD4ePZmjNDaw2a1pWIDds","label":"Transaction Negotiation Dynamics"}],"children":[],"relations":[],"url":"https://lmss.io/tag/RCoJvHjMZAsxOq6tWt43JXH/","source":{"repo":"sali-legal/LMSS","ref":"3f9ac0c9357b2a971582ae79ede243511d47811d","channel":"pre-release"}}