Which of the Following Statements Is FALSE

question 38

Multiple Choice

Which of the following statements is FALSE?

• A) Long-term supply contracts such 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:

Spouse's Inability

Refers to situations where a spouse is unable to perform certain tasks or responsibilities, often due to health or disability issues. NO.

Global Team

A group of individuals from diverse geographical locations and potentially varying cultures who work together towards a common business goal.

Integrated Team

A group of individuals from different areas of expertise working collaboratively towards a common goal.

Knowledge

Information, understanding, or skills acquired through education, experience, or training; it is the theoretical or practical understanding of a subject.