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3I0-012 · Question #393

3I0-012 Question #393: Real Exam Question with Answer & Explanation

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Question

Which of the following correctly states the Model Code's recommendations regarding terms and documentation?

Options

  • ASuch documentation should be bi-laterally signed by the dealers of both principals intending to transact
  • BWhen using such agreements... the wording in the agreement must be changed to match the actual
  • CSuch documentation should be signed, in many cases before any applicable market transactions are
  • DFor instruments where standard terms do not exist, the Model Code recommends that no documentation

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