Supplier liquidations are to be expected; workers' strikes likewise.
Cargo ships do sink, and your course creator has had cargo in at least two ships which have sunk on the high seas, one of them in The English Channel.
A global pandemic (Covid-19) was highly unlikely (2019), but arrived with devastating conse-quences for commerce and people. Low likelihood, huge impact.
Just because it seems unlikely doesn't mean it's not going to happen.
If you're seriously interested on the effect of apparently chance happenings in our lives, read Nassim Nicholas Taleb - you'll either love him or hate him.

Term contracts are set up for a period of time, or a 'term'.
The other answer options shown here are the subject of other questions within this test.

Other customer data.
It would, I think, be very unusual for a contract manager to feel it appropriate to ask for information from a supplier representative about other customers. Business partners normally want their dealings to be private. However, in informal discussions, in the normal course of conversation, information is often transferred in a benign manner.

Win-win negotiation is not a 'zero-sum game': the sum of the value achieved is greater than zero - fresh value is created. It is a 'positive sum game'.

Cost of setting up the tender which is not a cost of the item itself.
All the other costs are related to the item itself.