ACI
3I0-012 · Question #491
3I0-012 Question #491: Real Exam Question with Answer & Explanation
The correct answer is C. cannot be taken as a fixed-price guarantee unless agreed in writing. See the full explanation below for the reasoning.
Question
When a stop-loss/profit order is taken, the rate specified in the order:
Options
- Amust be transacted regardless of where the market moved
- Bmust be transacted if a broker confirms that the specified rate was reached
- Ccannot be taken as a fixed-price guarantee unless agreed in writing
- Dwill always be the stop loss rate, if the order is executed
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