nerdexam
ACI

3I0-013 · Question #84

What needs to be done in the event that a trade is amended by one or both parties?

The correct answer is C. A new confirmation should be generated and the confirmation cycle should restart and. See the full explanation below for the reasoning.

Question

What needs to be done in the event that a trade is amended by one or both parties?

Options

  • AA new confirmation should be generated by both parties but there is no need to restart the
  • BThe amending party should verbally inform the other party.
  • CA new confirmation should be generated and the confirmation cycle should restart and
  • DA new confirmation need not be generated but the confirmation cycle must restart and

How the community answered

(20 responses)
  • A
    5% (1)
  • B
    5% (1)
  • C
    80% (16)
  • D
    10% (2)

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Full 3I0-013 Practice