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ACI

3I0-012 · Question #721

Under the Model Code, it a broker shouts "done" or "mine" at the very moment a dealer shouts "off":

The correct answer is B. The deal is done. See the full explanation below for the reasoning.

Question

Under the Model Code, it a broker shouts "done" or "mine" at the very moment a dealer shouts "off":

Options

  • ANo deal is done.
  • BThe deal is done.
  • CIt should be resolved in consultation with senior management.
  • DThe central bank should be consulted.

How the community answered

(26 responses)
  • A
    12% (3)
  • B
    77% (20)
  • C
    8% (2)
  • D
    4% (1)

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Full 3I0-012 Practice