ACI
3I0-012 · Question #710
A broker can consider a deal as done if:
The correct answer is D. He receives verbal acknowledgement from the dealer. See the full explanation below for the reasoning.
Question
A broker can consider a deal as done if:
Options
- AHe is confident that the dealer will not back out of the deal.
- BBoth parties have established credit lines for each other.
- COne party acknowledges interest.
- DHe receives verbal acknowledgement from the dealer.
How the community answered
(33 responses)- A3% (1)
- B15% (5)
- C9% (3)
- D73% (24)
Community Discussion
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