In FX Trading a "Third Party Beneficiary" Is Best Described

question 285

Multiple Choice

In FX trading a "third party beneficiary" is best described as:

• A) the issuer of a payment for the relevant trade distinct from the counterparty
• B) the issuer of a payment for the relevant trade identical to the counterparty
• C) the recipient of a payment for the relevant trade distinct from the counterparty
• D) the recipient of a payment for the relevant trade identical to the counterparty

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Definitions:

Inappropriate Activity

Actions or behaviors that are not suitable or proper in a given context or situation.

Intelligence

The capacity to understand the world, think with rationality, and use resources effectively when faced with challenges.

Rationality

The quality of being based on or in accordance with reason or logic.

Challenges

Difficult situations that require a person to utilize skills and resources in order to overcome them.