Which of the Following Statements Is FALSE

question 31

Multiple Choice

Which of the following statements is FALSE?

• A)A 'futures contract' is an agreement to trade an asset on some future date, at a price that is locked in today.
• B)Long-term supply contracts are unilateral contracts offered by a seller.
• C)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.
• D)An alternative to vertical integration or storage is a long-term supply contract.

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Definitions:

Leader

An individual who influences and guides others towards achieving a common goal, often possessing qualities such as charisma, vision, and the ability to motivate.

Coercive Behaviour

The use of force or intimidation to influence someone's actions or decisions.

Social Dilemmas

Situations in which individual self-interest conflicts with collective interest, leading to challenging decisions.

Crises of Trust

Situations where the foundational beliefs in the reliability, truth, ability, or strength of someone or something are severely challenged or broken.