ACI
3I0-012 · Question #531
Which of the following statements is false? The repo legal agreement between the two parties concerned should:
The correct answer is C. provide for the calculation of initial consideration of the repo transaction. See the full explanation below for the reasoning.
Question
Which of the following statements is false? The repo legal agreement between the two parties concerned should:
Options
- Aenable the parties to comply with any capital adequacy requirements
- Bprovide for the absolute transfer of title to securities
- Cprovide for the calculation of initial consideration of the repo transaction
- Ddetail the course of action in the case of defaults, for example the rights and obligations of the
How the community answered
(56 responses)- A4% (2)
- B14% (8)
- C75% (42)
- D7% (4)
Community Discussion
No community discussion yet for this question.