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Which of the Following Is True

Question 475

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.

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