Which of the Following Is NOT a Characteristic of an Ultimatum

Multiple Choice

Which of the following is NOT a characteristic of an ultimatum bargaining game?

A) The first player establishes the terms.
B) The second player either accepts or rejects the terms.
C) The offer is a take-it-or-leave-it offer.
D) The second player may accept the terms.
E) The second player will always reject the terms.