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.

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Definitions:

Transportable Hydraulic Lift

A mobility device used in healthcare and home settings to safely lift and transfer patients from one place to another, utilizing hydraulic power for operation.

Horseshoe-shaped Base

A base, often used in support structures or equipment, that is shaped like a horseshoe to provide stability and support.

Sling

A device used to support and immobilize a broken or injured arm or shoulder, typically made of fabric that wraps around the neck and cradles the arm.

Straps

Devices, typically made of cloth, leather, or another flexible material, used to secure or support objects or body parts.