For Which One of the Following Disputes Is the Chairman

question 200

Multiple Choice

For which one of the following disputes is the Chairman and members of the ACI's CFP ready to assist through the ACI's Expert Determination?

• A) all legal disputes
• B) disputes related to market practice or conduct as set out in the Model Code or in any other Code of Conduct
• C) disputes between two market participants, at least one of them being a member of ACI
• D) disputes related to over-the-counter financial instruments as detailed in appendix four of the Model Code

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Definitions:

Duty Delegated

The assignment of responsibilities or tasks by someone in authority to another person or entity.

Privity of Contract

A doctrine in contract law that stipulates that only parties involved in the contract have the rights and responsibilities to enforce it.

Contract Rights

The legal benefits and obligations that are created by a contract for the parties involved.

Incidental Benefit

A non-intended advantage or favor a party receives from a contract made between other parties.