Which of the following is not a true statement of umbrella agreements?

A. Umbrella agreements provide flexibility for claiming value when the future gains are not known at the time of negotiation.
B. Umbrella agreements allow flexibility when the negotiating relationship between the parties is evolving.
C. Umbrella agreements can be used when all the issues have yet to be identified but the parties know they wish to work together.
D. Umbrella agreements provide flexibility for creating value when the future gains are known at the time of negotiation.


Answer: D

Business

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