ACI
3I0-012 · Question #208
When differences in payment arise because of errors in the payment of funds:
The correct answer is C. no market participant should be unjustly enriched or injured by the action/error of another market participant. See the full explanation below for the reasoning.
Question
When differences in payment arise because of errors in the payment of funds:
Options
- Aclaims should be made for the costs incurred by the injured party and include all administration costs
- Bno party involved can be enforced to contribute to achieve an equitable resolution to the problem
- Cno market participant should be unjustly enriched or injured by the action/error of another market participant
- Dclaims are calculated on the full principal amount of the failed payment with the interest rate imposed by
How the community answered
(24 responses)- A4% (1)
- B13% (3)
- C75% (18)
- D8% (2)
Community Discussion
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