Which Statement Is INCORRECT Regarding ISDA

Which statement is INCORRECT regarding ISDA?

A) Originally founded as the International Swap Dealers Association,ISDA was later renamed the International Swaps and Derivatives Association to reflect its broader scope.
B) ISDA published standardized documents known as master agreements to facilitate trading of over-the-counter derivatives contracts.
C) ISDA lowers credit risk by guaranteeing contract performance to the counterparties.
D) An ISDA master agreement has two parts: a preprinted form that cannot be amended,and a schedule that allows the two counterparties to note changes and amend some provisions on the printed form.
E) ISDA periodically updates master agreements to reflect changing market conditions.