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:

Absurdity

The quality of being wildly unreasonable, illogical, or inappropriate, often used in literature and film to reflect on the human condition.

Industrial Films

Films produced for industry-specific audiences, typically for informational, instructional, or promotional purposes, not for mass entertainment.

High-concept Films

Movies that can be easily summarized by a succinct premise, often attracting audiences with a unique idea or a striking visual.

Indiewood Films

A term blending "independent" and "Hollywood," referring to films that are produced outside the major studio system but with higher budgets and visibility than typical indie films, often distributed by subsidiary labels of major studios.