ACI
3I0-012 · Question #260
You are a sales person in a bank and are about to sell a structured note to a non-professional customer. Before finalizing the transaction you remember to double-check the customer's charter. You…
The correct answer is C. legal risk. See the full explanation below for the reasoning.
Question
You are a sales person in a bank and are about to sell a structured note to a non-professional customer. Before finalizing the transaction you remember to double-check the customer's charter. You learn that the customer is not allowed to invest in structured products. The risk you have avoided is most likely to be classified as:
Options
- Acredit risk
- Bliquidity risk
- Clegal risk
- Drefinancing risk
How the community answered
(48 responses)- A2% (1)
- B6% (3)
- C77% (37)
- D15% (7)
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