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3I0-012 · Question #667

3I0-012 Question #667: Real Exam Question with Answer & Explanation

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Question

When is a broker allowed to assume a deal is closed:

Options

  • AWhen one of the principals confirms the deal.
  • BWhen the principals give a written undertaking for all deals done at the end of the day.
  • CWhen an acknowledgement is received from the principal that the deal is done.
  • DWhen both back offices acknowledge the deal.

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