​Which of the Following Are Qualifications of the Coase Theorem

Multiple Choice

​Which of the following are qualifications of the Coase Theorem?

A) ​technical transaction costs must remain low and be unaffected if liability assignment is reversed
B) ​both parties must operate in a purely competitive market
C) ​one party quickly makes an offer the other is just willing to accept only when the information regarding payoffs is complete,certain and known to both parties
D) ​all of the above are correct
E) ​only a and c