Multiple Choice
Which of the following is true?
A) It is the responsibility of the broking firm to conduct due diligence before transacting a deal.
B) All principals have the responsibility for assessing the creditworthiness of their counterparties or potential counterparties whether dealing direct or through a broking firm.
C) The principal is obliged to take into account any information provided by a broker as they are bound by a professional relationship.
D) All of the above.
Correct Answer:

Verified
Correct Answer:
Verified
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