In Regards to a Futures Contract, Which of the Below

Multiple Choice

In regards to a futures contract, which of the below statements is FALSE?

A) The buyer of a futures contract will realize a profit if the futures price decreases; the seller of a futures contract will realize a profit if the futures price increases.
B) When an investor takes a position in the market by buying a futures contract (or agreeing to buy at the future date) , the investor is said to be in a long position or to be long futures.
C) The "something" that the parties agree to exchange is called the underlying.
D) None of these