ACI
3I0-013 · Question #78
In FX trading a"third party beneficiary"is best described as:
The correct answer is C. The recipient of a payment for the relevant trade distinct from the counterparty. See the full explanation below for the reasoning.
Question
In FX trading a"third party beneficiary"is best described as:
Options
- AThe issuer of a payment for the relevant trade distinct from the counterparty
- BThe issuer of a payment for the relevant trade identical to the counterparty
- CThe recipient of a payment for the relevant trade distinct from the counterparty
- DThe recipient of a payment for the relevant trade identical to the counterparty
How the community answered
(41 responses)- A7% (3)
- B12% (5)
- C78% (32)
- D2% (1)
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