Which of the Below Statements Is FALSE

Multiple Choice

Which of the below statements is FALSE?

A) Complex OTC options are called exotic options.
B) An alternative option, also called an either-or option, has a payoff which is the best independent payoff of two distinct assets.
C) An outperformance option is an option whose payoff is based on the relative payoff of two assets at the expiration date.
D) None of these