Which of the Following Statements Is False? the Repo Legal

question 62

Multiple Choice

Which of the following statements is false? The repo legal agreement between the two parties concerned should:

• A) enable the parties to comply with any capital adequacy requirements
• B) provide for the absolute transfer of title to securities
• C) provide for the calculation of initial consideration of the repo transaction
• D) detail the course of action in the case of defaults, for example the rights and obligations of the counterparties and the full set-off of claims between the parties

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