In spite of having agreed to a deal, dealers are not bound to the deal if it is subject to documentation. The Model Code:
A) Does not regard this as a good practice.
B) Urge dealers to be bear this in mind, as this is common practice for capital market deals.
C) Does not comment on this matter.
D) Recommends that national ACI Associations deal with this according to their local customs.

Question

Quizplus · Accepted Answer

The Model Code states that dealers are not bound to a deal if it is subject to documentation, and that this is not regarded as good practice.

In Spite of Having Agreed to a Deal, Dealers Are