What Should Be Done If a Broker Fails to Conclude

question 612

Multiple Choice

What should be done if a broker fails to conclude a transaction at the quoted price and the dealer has to accept a lesser quote to neutralize his risk?

• A) 'stuff' the broker and insist on a replacement name at the original price
• B) accept a bank transfer compensation payment in favour of the bank or adjustment to brokerage bills
• C) refuse any sort of compensation from the broker for the amount concerned
• D) acknowledge the excuses of the broker and accept his offer of entertainment in compensation for the failed transaction

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Definitions:

Carbon Footprint

The total amount of greenhouse gases produced by human activities, expressed as the equivalent amount of carbon dioxide.

Indirect Approach

A method of communication where the main point or conclusion is presented after the evidence or supporting details, often used to soften the impact of negative news.

Logical Appeals

Arguments or persuasions based on reasoning and factual evidence aimed at appealing to the audience's logical processing.

Emotional Appeal

A rhetorical strategy used in communication and advertising to sway an audience's feelings to influence their perceptions or actions toward a subject, product, or decision.