A broker can consider a deal as done if:
A) He is confident that the dealer will not back out of the deal.
B) Both parties have established credit lines for each other.
C) One party acknowledges interest.
D) He receives verbal acknowledgement from the dealer.

Question

Quizplus · Accepted Answer

A deal is considered done when there is a verbal acknowledgment from the dealer, indicating a mutual agreement has been reached.

A Broker Can Consider a Deal as Done If