ACI
3I0-012 · Question #585
A broker offers a dealer an incentive in the form of a reduction to the agreed schedule of brokerage between the firms.
The correct answer is B. The offer requires approval in writing by both senior managements. See the full explanation below for the reasoning.
Question
A broker offers a dealer an incentive in the form of a reduction to the agreed schedule of brokerage between the firms.
Options
- AThis is a normal volume discount.
- BThe offer requires approval in writing by both senior managements.
- CThe offer requires agreement in writing between the broker and the dealer.
- DThis is illegal.
How the community answered
(48 responses)- A2% (1)
- B81% (39)
- C6% (3)
- D10% (5)
Community Discussion
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