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ACI

3I0-012 · Question #617

Which of the following is not true?

The correct answer is C. The Model Code is an attempt to deal with the legal issues relating to every conceivable financial instrument. See the full explanation below for the reasoning.

Question

Which of the following is not true?

Options

  • AThe Model Code is published by ACI's Committee for Professionalism.
  • BThe Model Code sets out the practicalities of dealing in those financial instruments listed in the Model Code.
  • CThe Model Code is an attempt to deal with the legal issues relating to every conceivable financial instrument.
  • DThe Model Code sets out the manner and spirit in which foreign exchange and money market business

How the community answered

(37 responses)
  • A
    3% (1)
  • B
    3% (1)
  • C
    84% (31)
  • D
    11% (4)

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