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3I0-012 · Question #593

In all dealing conversations, the Model Code strongly recommends:

The correct answer is B. Dealers clarity what is being proposed rather than using any terminology that could be misinterpreted. See the full explanation below for the reasoning.

Question

In all dealing conversations, the Model Code strongly recommends:

Options

  • ADealers stick to market terminology in order to avoid the impression that they are offering an advisory or
  • BDealers clarity what is being proposed rather than using any terminology that could be misinterpreted.
  • CDealers restrict themselves to terminology listed and explained in Chapter 11 of the Model Code.
  • DDealers define complex terminology in the confirmation of a deal.

How the community answered

(49 responses)
  • A
    2% (1)
  • B
    84% (41)
  • C
    4% (2)
  • D
    10% (5)

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