Under the Model Code, It a Broker Shouts "Done" or "Mine

question 174

Multiple Choice

Under the Model Code, it a broker shouts "done" or "mine" at the very moment a dealer shouts "off":

• A) No deal is done.
• B) The deal is done.
• C) It should be resolved in consultation with senior management.
• D) The central bank should be consulted.

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Definitions:

Shaping

a method of training by which successive approximations toward a desired behavior are reinforced until the behavior is achieved.

Successive Approximations

A method used in behavioral psychology involving the reinforcement of behaviors that are increasingly similar to the desired behavior.

Reinforcements

In psychology, reinforcements refer to incentives or consequences that strengthen the behavior they follow, making it more likely to occur in the future.

Chaining

A behavioral technique of teaching complex tasks by breaking them down into simpler steps or components.