A company is not expected to generate any profits for three years. Investors expect dividends to begin afterwards. Its price today is, therefore, zero.

Which of the following is true with regard to value-added pricing?

A) Companies that practice value-added pricing typically match the competition by cutting prices. B) Companies practicing value-added pricing differentiate their offers by attaching value-added features to offerings that, in turn, justify higher prices. C) The intrinsic value of products sold by companies practicing value-added pricing is far less than their actual selling price. D) Companies practicing value-added pricing primarily rely on cost differentiation. E) Value-added pricing is the most suitable pricing strategy in pure monopolies.

A forged signature is wholly inoperative as the signature of a drawer

Indicate whether the statement is true or false