ACI
3I0-012 · Question #212
3I0-012 Question #212: Real Exam Question with Answer & Explanation
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Question
What should be done when a voice broker hits a dealer's price as "done" at the very instant the dealer calls "off"?
Options
- AThe deal should not be concluded and the broker should inform both counterparties accordingly.
- BThe transaction should be concluded and the broker should inform both counterparties accordingly.
- CThe broker should immediately inform both counterparties that the deal will have to be renegotiated.
- DThe broker should decide whether the transaction is concluded or not and inform both counterparties
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