Question

The seller and buyer have countered back and forth for several days. The two parties have verbally agreed on a price, but neither has signed anything. At this point the status of this negotiation is?

Answer 1

Bargaining (Problem solving)

Step-by-step explanation:

the bargaining stage of negotiation is the stage where both parties are clarifying goals. the stage to come to a final agreement after several compromising aspect.

this is can also be called "the heart of negotiation". A process where both party reach a concession after a long process of negotiation.