Every individual looks out for his or her self-interest. While you're technically correct, ultimatums are usually uttered when there is no chance either side is

Every individual looks out for his or her self-interest. While you're technically correct, ultimatums are usually uttered when there is no chance either side is willing to change its outlook and where any attempt to compel change will result in being ignored or dismissed. Unless one has leverage, the third option, for all intents and purposes is a bridge to a bottomless pit.