ACI
3I0-012 · Question #18
3I0-012 Question #18: Real Exam Question with Answer & Explanation
The correct answer is A. at least 995/1000 pure gold; weight between 350 and 430 fine ounces. See the full explanation below for the reasoning.
Question
As far as fineness and weight are concerned, what are the London Bullion Market Association (LBMA) requirements for a "good delivery bar"?
Options
- Aat least 995/1000 pure gold; weight between 350 and 430 fine ounces
- Bminimum 999.9/1000 pure gold; weight between 350 and 430 fine ounces
- Cat least 995/1000 pure gold; weight of 400 fine ounces
- Dminimum 995/1000 pure gold; weight of 400 fine ounces
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