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3I0-012 · Question #216

3I0-012 Question #216: Real Exam Question with Answer & Explanation

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Question

According the Model Code, a principal, whose name has been rejected, feeling that the broker may have actually quoted a price or rate that it could not in fact substantiate, may:

Options

  • Adeduct points from the broker or adjust the brokerage bill accordingly
  • Bin some centres, ask either the central bank or some other neutral body to investigate and confidentially
  • Cin some centres, ask the local ACI to investigate and confidentially verify that there was support for the
  • Dinsist that the broker discloses the name of the other counterparty

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