Multiple Choice
When a broker makes an error on payment instructions The Model Code recommends that:
A) The broker remains liable for the resulting differ
B) The broker remains liable until the error is disco
C) The broker is not liable at all.
D) The broker's liability should be limited as he is
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q17: In the unforeseen event that a particular
Q18: Market participants should, where activity justifies it,
Q19: Dealers are allowed to trade for their
Q20: Which of the following rates represents the
Q21: If the value date of forward USD/JPY
Q23: If a broker refers to "the payer
Q24: A disgruntled customer claims that he should
Q25: The Chairman and members of the ACIs
Q26: A 7-day piece of USCP is quoted
Q27: Bank XYZ calls you for a quote