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3I0-012 · Question #720

3I0-012 Question #720: Real Exam Question with Answer & Explanation

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Question

When a broker makes an error on payment instructions The Model Code recommends that

Options

  • AThe broker remains liable for the resulting difference for 3 full business days following the date of the
  • BThe broker remains liable until the error is discovered.
  • CThe broker is not liable at all.
  • DThe broker's liability should be limited as he is not in a position to directly rectify the situation.

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