ACI
3I0-012 · Question #616
A disgruntled customer claims that he should not have to settle an FRA with you because it is really just a wager. What type of risk are you exposed to?
The correct answer is B. Legal risk. See the full explanation below for the reasoning.
Question
A disgruntled customer claims that he should not have to settle an FRA with you because it is really just a wager. What type of risk are you exposed to?
Options
- ACredit risk
- BLegal risk
- CSettlement risk
- DBasis risk
How the community answered
(37 responses)- A11% (4)
- B81% (30)
- C3% (1)
- D5% (2)
Community Discussion
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