Which of the Following Statements Is FALSE

question 16

Multiple Choice

Which of the following statements is FALSE?

• A)Long-term supply contracts cannot be entered into anonymously;the buyer and seller know each other's identity.This lack of anonymity may have strategic disadvantages.
• B)A futures contract is an agreement to trade an asset on some future date,at a price that is locked in today.
• C)An alternative to vertical integration or storage is a long-term supply contract.
• D)Long-term supply contracts are unilateral contracts negotiated by a seller.

---

Definitions:

Online Productivity Software

Cloud-based applications and tools designed to help users create, edit, manage, and share documents and tasks over the internet.

Social Networking Tools

Online platforms that enable users to build social networks or social relations with other people who share similar personal or career interests, activities, backgrounds, or real-life connections.

mHealth

Refers to the practice of using mobile devices and wireless technology to support health and medical objectives, enhancing the delivery of healthcare services.

GPS

The Global Positioning System is a navigation system based on satellites, offering location and time data in all types of weather, everywhere on or close to the Earth.